IREN Ltd (NASDAQ:IREN) is one of the 10 Bitcoin Miners That Are Now Data Center Companies. Gautam Chhugani from Bernstein reaffirmed a Buy rating on IREN Ltd (NASDAQ:IREN), along with the price target of $100 on June 23. The firm’s price target reflects an impressive 117% upside from the current levels. The firm’s price target is slightly higher than the median Wall Street analysts’ price target of $82.

IREN Ltd (NASDAQ:IREN) has aggressively shifted its focus to become a major AI cloud provider, catering to the rising demand for AI infrastructure. On June 3, IREN announced that it has signed a transmission connection…