Core Insights - IREN Limited (IREN) aims to achieve $3.4 billion in annualized run-rate revenues (ARR) by the end of 2026, primarily driven by its AI cloud business [1][10] Financial Performance - In Q2 of fiscal 2026, IREN reported approximately $2.3 billion of ARR under contract, including a significant agreement with Microsoft and $0.4-$0.5 billion from the Prince George site [1][10] - IREN secured $3.6 billion in GPU financing and received $1.9 billion in customer prepayments from Microsoft, covering about 95% of the GPU-related capital spending associated with the Microsoft contract [2] - The Zacks Consensus Estimate for IREN's fiscal 2026 revenues is $1.01 billion, indicating a year-over-year increase of 98.6%, while the estimate for fiscal 2027 revenues is $2.76 billion, reflecting a year-over-year increase of 172.6% [4] Power and Infrastructure - IREN has secured over 4.5 gigawatts (GW) of power, which is crucial in the current data center market, and only about 10% of this power will be used to reach the $3.4 billion ARR target by the end of 2026 [3] - The company plans to deploy around 140,000 GPUs by the end of 2026, supported by its available power capacity [3] Competitive Landscape - IREN faces significant competition from Applied Digital (APLD) and TeraWulf (WULF) in the AI infrastructure sector [5] - Applied Digital is constructing Delta Forge 1, an AI data center campus with an initial capacity of 430 megawatts (MW) [6] - TeraWulf has expanded its portfolio by acquiring two sites, adding approximately 1.5 GW of power capacity, increasing its total to about 2.8 GW [7] Stock Performance - IREN's shares have increased by 142.5% over the past six months, outperforming the Zacks Financial Miscellaneous Services industry's decline of 23.4% [8]

Group 1 - SovereignAI Services LLC (SVRN), a subsidiary of OceanPal Inc., has appointed G-20 Group to manage a new NEAR treasury yield strategy aimed at generating risk-managed yield on SVRN's NEAR holdings to fund AI infrastructure growth [1] - The strategy involves deploying a portion of SVRN's NEAR holdings through risk-managed derivative overlays to enhance yield while preserving liquidity [1] - The engagement with G-20 Group is expected to help SVRN maintain liquidity, maximize asset utility, and support its broader mission within the NEAR ecosystem [1] Group 2 - G-20 Group is a quantitative trading and asset-management firm that specializes in treasury management to generate alpha and capital efficiency [1] - The strategy structured by G-20 Group prioritizes capital preservation while capturing yield opportunities, focusing on delivering consistent, risk-managed returns [1] - SVRN's treasury management aims to make its NEAR balance sheet work harder without compromising liquidity, aligning with the company's long-term growth objectives [1]

NEW YORK, Feb. 11, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Fermi Inc. (NASDAQ:FRMI), certain of the Company’s senior executives and directors, and underwriters of Fermi’s Initial Public Offering after a significant stock drop resulting from potential violations of the federal securities laws. If you invested in Fermi, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cas ...

      Monthly Highlights       Increased self-mining hashrate to 63.2 EH/s on continued deployment of SEALMINERs      Bitcoin production increased 430% year over year to 668 Bitcoin      Launch of NVIDIA GB200 NVL72 infrastructure in Malaysia      First design of Litecoin chip taped out and initial testing surpassed expectations        SINGAPORE, Feb. 10, 2026 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for Bitcoin mining and ...

New York, New York--(Newsfile Corp. - February 10, 2026) - Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Fermi Inc. (NASDAQ: FRMI), certain of the Company's senior executives and directors, and underwriters of Fermi's Initial Public Offering after a significant stock drop resulting from potential violations of the federal securities laws. If you invested in Fermi, you are encouraged to obtain additional information by visiting: https://w ...

Core Insights - The article emphasizes the importance of investing in AI infrastructure companies, referred to as "pick-and-shovel plays," which are expected to benefit from the rapid growth of artificial intelligence and high-performance computing [1] Group 1: AI Infrastructure Companies - Companies like Nebius Group (NBIS), IREN (IREN), Astera Labs (ALAB), TeraWulf (WULF), and Cipher Mining (CIFR) are positioned to profit regardless of which AI model prevails, offering stable revenues and broad industry exposure [1] - Nebius Group is projected to experience a remarkable revenue growth of 5x by 2026, indicating strong market potential [7] Group 2: AI Capital Expenditure Trends - Hyperscaler capital expenditure (CAPEX) is forecasted to increase from $390 billion in 2025 to $515 billion in 2026, reflecting a significant rise in AI-related spending [2][3] - AI spending now constitutes over 2% of GDP, surpassing historical investments in railroads during the 1850s, highlighting the critical role of AI in the economy [2] Group 3: Productivity and Market Dynamics - The proliferation of AI technology has led to a 30% increase in coding productivity, countering skepticism regarding the return on investment in AI [9][11] - Companies are transitioning from capital-intensive models to high-margin operations, as seen with IREN's shift to a GPU-as-a-Service model, resulting in gross profits rising from under $200 million to $600 million [12] Group 4: Market Sentiment and Technical Analysis - A bullish shakeout pattern has been observed in stocks like NBIS, where prices briefly fell below key support levels before rebounding, indicating potential for future price increases [13] - The current market environment presents a unique opportunity for investors to focus on AI infrastructure providers, minimizing the uncertainty associated with software competition in the AI sector [15]

TeraWulf (NASDAQ:WULF), an environmentally focused bitcoin miner and AI infrastructure operator, closed Monday at $16.65, up 16.52% The stock rose after Morgan Stanley initiated coverage with an Overweight rating and a $37 target, citing TeraWulf’s strong position as an AI-focused data center and its potential for infrastructure growth. The company’s trading volume reached 64.4 million shares, which is roughly 94% above compared with its three-month average of 33.3 million shares. TeraWulf went public in ...

San Diego, California--(Newsfile Corp. - February 9, 2026) - The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Fermi Inc. (NASDAQ: FRMI): (i) common stock pursuant and/or traceable to the registration statement and prospectus issued in connection with Fermi's October 2025 initial public offering ("IPO"); and/or (ii) securities between October 1, 2025 and December 11, 2025, both dates inclusive (the "Class Period"), have until Friday, March 6, 2026 to seek appointmen ...

Key Takeaways IREN's AI Cloud revenues jumped 136.9% sequentially, lifting shares 5.1% after Q2 fiscal 2026 results.IREN targets $3.4B ARR by the end of calendar 2026, backed by Microsoft contracts and GPU financing.IREN faces stiff competition and trades at a valuation premium, supporting a cautious hold stance.IREN Limited (IREN) shares are up 5.1% since the company reported its second-quarter fiscal 2026 results on Feb. 5. The surge in share price can be attributed to strong momentum in IREN’s AI Cloud B ...

Core Viewpoint - A class action lawsuit has been filed against Fermi Inc. and its executives due to significant stock price drops linked to alleged violations of federal securities laws [1][3]. Company Overview - Fermi Inc. is an energy and AI infrastructure company focused on building large-scale nuclear reactors to support grid-independent data centers for AI workloads [4]. - The company's flagship project is Project Matador, designed to provide dedicated power for AI operations [4]. IPO and Allegations - Fermi completed its IPO in October 2025, claiming strong demand for Project Matador and securing a 20-year lease with an investment-grade-rated tenant [5]. - Allegations suggest that Fermi overstated tenant demand and misrepresented the agreement with the First Tenant [6]. Stock Price Impact - On December 12, 2025, Fermi's stock dropped by $5.16 per share, over 33%, following the announcement that the First Tenant was terminating its agreement [7]. - The stock price fell from $15.25 to $10.09 per share in one day due to this news [7]. Legal Proceedings - Investors have until March 6, 2026, to seek appointment as lead plaintiffs in the case, which is pending in the U.S. District Court for the Southern District of New York [3]. - The lawsuit includes claims of securities fraud under various sections of the Securities Exchange Act and the Securities Act [3].