Group 1 - Bitcoin is nearing an all-time high, leading to increased enthusiasm among investors for cryptocurrencies, although crypto stocks may provide a better investment opportunity [1] - Crypto stocks have been performing well, with many surpassing the S&P 500, offering exposure to rising crypto prices while generating significant revenue growth through their business models [1][2] - IREN is well-positioned to benefit from the AI boom, transitioning from a crypto miner to an AI data center, securing major deals with tech giants [4][5] Group 2 - IREN has 810 megawatts of data center capacity and nearly 3 gigawatts of contracted power, which could translate into billions in revenue based on previous deals, with most power available by the end of 2027 [5] - Nebius has secured a 5-year, $17.4 billion deal with Microsoft, which can increase to $19.4 billion, providing Microsoft access to a 300 megawatt data center [6] - IREN expects significant growth in its cloud segment, projecting annual recurring cloud revenue between $200 million and $250 million by the end of the year, and over $500 million by Q1 2026 [7] Group 3 - Crypto stocks like IREN and Coinbase have outperformed Bitcoin year-to-date and are expected to benefit from long-term growth trends, as they have business models that extend beyond merely holding cryptocurrencies [8]
2 Crypto Stocks To Buy Hand Over First