
IREN shares fall 8% as costly AI transition weighs on earnings
Weakening profitability overshadowed a major milestone in IREN’s transformation into an AI cloud provider.

Weakening profitability overshadowed a major milestone in IREN’s transformation into an AI cloud provider.

Weakening profitability overshadowed a major milestone in IREN’s transformation into an AI cloud provider.

Your day-ahead look for Aug. 11 2026

Public companies are increasingly borrowing against their bitcoin holdings to fund acquisitions and capital spending without selling the asset.

The Strait of Hormuz relief trade unraveled after Trump demanded 50 years of Iranian compensation, pushing oil back to $89 and leaving crypto and equities unchanged ahead of a pivotal CPI report.

FxPro’s Alex Kuptsikevich said companies that helped give bitcoin institutional cover are now chasing AI data centers, putting BTC’s flat 50-day moving average in focus.

The flight-tracking company alleges Kalshi used its data and trademark without permission to settle contracts on canceled flights.

IGV’s rebound is reshaping a relationship it held with bitcoin for years, but history suggests bitcoin could still catch up.

Dashjr said he is taking a sabbatical from his role as chair and chief technology officer of mining pool Ocean.

Nvidia has signed memorandums of understanding with six major Wall Street firms to establish "AI compute" as a bankable infrastructure asset.

The U.K.’s Crypto and Digital Assets All-Party Parliamentary Group asked banks to explain their approach to providing banking services to crypto and digital asset businesses.

The bitcoin miner’s 20-year agreement highlights an industry-wide shift toward AI infrastructure revenue.