Will's Blog: Crypto miners like IREN are pivoting to AI data centers amid the AI boom; IREN's stock, down to ~$1 in 2022, is up 300% in 2025, giving it a $13B+ market cap (Jennifer Hiller/Wall Street Journal)

19 November 2025

Crypto miners like IREN are pivoting to AI data centers amid the AI boom; IREN's stock, down to ~$1 in 2022, is up 300% in 2025, giving it a $13B+ market cap (Jennifer Hiller/Wall Street Journal)

Jennifer Hiller / Wall Street Journal:
Crypto miners like IREN are pivoting to AI data centers amid the AI boom; IREN's stock, down to ~$1 in 2022, is up 300% in 2025, giving it a $13B+ market cap — Developers desperately need access to electricity—and bitcoin miners are in prime position to assist

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