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0 0.00057191878753226 0.00057191878753226 0.00114383757506452 0.00943665999428097 0.0165856448384331 0.0114383757506436 0.0128681727194739
Stock impact report

Bitcoin Miner IREN Surges on Renewed AI Interest, Possible BTC Dividend Payment [Yahoo! Finance]

Core Scientific, Inc. (CORZ) 
Company Research Source: Yahoo! Finance
infrastructure and hinted at a possible dividend payment in BTC. The company is diversifying its revenue sources by hosting big tech companies' data centers, following a trend started by rival Core Scientific. IREN's executives also mentioned the possibility of paying a dividend in 2025, citing positive operating cash flows, and highlighted the company's ability to accumulate BTC at a lower cost, which could be distributed to investors. Bitcoin miner IREN (IREN) rose nearly 30% on Wednesday after executives said the company had received interest from an artificial intelligence (AI) firm and mentioned a potential dividend in BTC during an earnings conference call. The Sydney-based company has been approached by a hyperscaler firm (large cloud service provider) for potentially hosting computing infrastructure at IREN's Sweetwater mining site in Texas, co-CEO and co-founder Daniel Roberts said on the call. "Two hours ago, we got an email from a trillion-dollar hyperscaler that said Show less Read more
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