AI × CryptoNeutralCoinDesk · Mar 57/10
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IREN to expand processing capacity by 50%, prepares at-the-market offering
IREN announced plans to expand processing capacity by 50% through ordering over 50,000 Nvidia GPUs and filed for a potential $6 billion at-the-market share offering. The news caused the company's stock to decline in pre-market trading despite the significant capacity expansion plans.
🏢 Nvidia