IREN Stock Rises as Bitcoin Jumps and AI Revenue Target Tops $4B

Key Insights IREN stock moved higher on Aug. 19 as Bitcoin rallied and investors assessed the company’s expanding artificial intelligence business. Bitcoin rose above $68,000 during U.S. trading, its strongest level in nearly three months. The move supported several crypto-linked equities as short liquidations accelerated. IREN remains exposed to Bitcoin mining despite its broader shift […] The…