In recent days, bitcoin mining stocks with AI exposure, including IREN, have rebounded as bitcoin moved back above US$90,000 following earlier regulatory-driven disruption in China’s Xinjiang region.
This recovery has coincided with growing attention on AI-focused infrastructure deals across the sector, such as Hut 8’s very large US$7 billion, 15‑year hosting agreement with Fluidstack and Anthropic, which highlights investor interest in miners pivoting toward AI compute.
Against this backdrop, we’ll explore how renewed enthusiasm for AI-centric bitcoin miners, and IREN’s AI infrastructure pi