We’ll get started with Cipher Mining, a tech firm operating in Texas – where it has five industrial-scale data centers online with another five in the construction and development pipeline. The company’s data centers are currently in a state of transition, shifting from a bitcoin mining focus to high performance computing – with the goal being that Cipher Mining will be able to allocate resources toward both applications as opportunity and business call.Against this backdrop, Miller has highlighted three fo ...

IREN Limited (NASDAQ:IREN) is one of the best crypto-related stocks to invest in. Canaccord Genuity Remains Bullish on IREN Limited (IREN) Following Q3 2025 Results Carol Gauthier/Shutterstock.com On November 10, 2025, The Fly reported that Canaccord Genuity increased its price target on IREN Limited (NASDAQ:IREN) from $42 to $70, while reiterating a “Buy” rating. The investment firm sees the company’s GPU cloud contract with Microsoft as a key growth driver. It also noted that long GPU lifespans could ...

Key Points Iren has been seeing extraordinary revenue growth. A slowdown in AI spending would dent that trajectory. AI infrastructure is expected to remain in high demand for the foreseeable future. 10 stocks we like better than Iren › After rocketing higher by as much as 678% this year, investors had been dumping shares of Iren Limited (NASDAQ: IREN) in recent weeks. Shares of the artificial intelligence (AI) infrastructure provider are still more than 30% off recent highs, even after jumping to ...

Bitcoin mining stocks moved higher on Thursday as Nvidia’s stronger-than-expected quarterly results added momentum to Bitcoin miner-turned AI factory equities. IREN (Nasdaq: IREN) rose 9%, TeraWulf (Nasdaq: WULF) rose 9%, Core Scientific (Nasdaq: CORZ) gained 5%, and Cipher Mining (Nasdaq: CIFR) advanced 13% during the morning trading hours. Bitcoin fell 1% over the past 24 hours. Nvidia reported Q3 revenue growth of 62%, its first acceleration in seven quarters. The chipmaker’s results added roughly $300 ...

Core Insights - The cryptocurrency market is experiencing heightened volatility, with a total market capitalization decline of 1.8% to $3.57 trillion as of November 12, 2025, and Bitcoin dropping to below $97,000, down 22% from its all-time high of approximately $126,000 in October [2][3] - Investor sentiment is diverging, with retail investors in "max desperation" mode while institutional investors remain stable [5] - Regulatory clarity is boosting investor confidence, with 55% of hedge funds now holding some exposure to crypto, up from 47% in 2024 [6] Company Summaries MARA Holdings, Inc. (NASDAQ:MARA) - MARA reported Q3 2025 revenue of $252.4 million, a 92% year-over-year increase, and net income of $123.1 million, a significant recovery from a net loss of $124.8 million in Q3 2024 [12][13] - The company is focusing on integrating AI infrastructure with Bitcoin mining and has over $7 billion in liquid assets [14][15] - Cantor Fitzgerald reduced its price target for MARA from $30 to $21 while maintaining an "Overweight" rating [12] Hut 8 Corp. (NASDAQ:HUT) - Hut 8 reported Q3 2025 revenue of $83.5 million, a 91% year-over-year growth, and net income of $50.6 million, up from $0.9 million in the previous year [19] - The company announced the sale of its 310-megawatt portfolio of natural gas plants to TransAlta, which reflects its strategic asset management [17] - Northland's analyst raised Hut 8's price target from $26 to $58, citing strong performance from its subsidiary, American Bitcoin [18] IREN Limited (NASDAQ:IREN) - IREN reported Q3 2025 revenue of $240.3 million, a 355% year-over-year increase, and adjusted EBITDA of $91.7 million, up 3,568% year-over-year [24] - Canaccord Genuity increased its price target for IREN from $42 to $70, highlighting the significance of its GPU cloud contract with Microsoft [23] - The company plans to expand its GPU infrastructure from 23,000 to 140,000 by the end of 2026, with Microsoft partially funding the expansion [25][26]

Group 1 - IREN Limited is currently in a unique market position, overshadowed by the visibility of Microsoft Corporation's recent headlines, yet lacking awareness of its own potential [1] - The investment strategy focuses on identifying high-potential opportunities with an asymmetric risk-reward profile, aiming for a minimum upside potential of 3-5 times the downside risk [1] - Emphasis is placed on leveraging market inefficiencies and contrarian insights to maximize long-term compounding while safeguarding against capital impairment [1] Group 2 - The investment horizon is set at 2-3 years, allowing the company to endure market volatility and prioritize patience, discipline, and intelligent capital allocation for superior returns [1]

Group 1 - IREN Limited is currently in a unique market position, overshadowed by the visibility of Microsoft Corporation's recent headlines, yet lacking awareness of its own potential [1] - The investment strategy focuses on identifying high-potential opportunities with an asymmetric risk-reward profile, aiming for a minimum upside potential of 3-5 times the downside risk [1] - Emphasis is placed on leveraging market inefficiencies and contrarian insights to maximize long-term compounding while safeguarding against capital impairment [1] Group 2 - The investment horizon is set at 2-3 years, allowing the company to endure market volatility and prioritize patience, discipline, and intelligent capital allocation for superior returns [1]

Core Viewpoint - U.S. cryptocurrency mining companies experienced significant pre-market gains on November 20, with notable increases in stock prices for several firms [1] Company Performance - APLD saw an increase of over 14% [1] - CIFR rose by more than 11% [1] - IREN experienced a gain of over 8% [1] - WULF increased by more than 7% [1]

Core Viewpoint - APLD, CIFR, IREN, and WULF experienced significant stock price increases, with APLD rising over 14%, CIFR over 11%, IREN over 8%, and WULF over 7% [1] Company Performance - APLD saw a stock price increase of more than 14% [1] - CIFR's stock rose by over 11% [1] - IREN's shares increased by more than 8% [1] - WULF experienced a stock price rise of over 7% [1] Industry Trends - The notable increases in stock prices for these companies indicate a positive trend within the industry [1]

IREN Limited (NASDAQ:IREN) is one of the top stocks offering high upside potential in the data center and AI sectors. On November 10, Canaccord Genuity raised its price target on IREN Limited (NASDAQ:IREN) to $70 from $42, while keeping a Buy rating. The upgrade came after the company signed a new deal with Microsoft to supply GPU services across its Horizons 1–4 data centers, a move analysts say adds meaningful long-term value. Canaccord Genuity Boosts IREN Limited (IREN) Price Target to $70, Maintains B ...