AIBullishThe Block · 1d ago7/10
🧠
IREN stock surges as Nvidia backs AI expansion with warrants tied to 30 million shares
Nvidia has secured warrants tied to 30 million IREN shares, potentially converting into a $2.1 billion stake as part of backing the company's AI infrastructure expansion. This strategic investment signals Nvidia's confidence in IREN's role within the AI ecosystem and has driven IREN stock higher.
🏢 Nvidia