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IREN shares fall 8% as costly AI transition weighs on earnings

Business Management
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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.

IREN shares fall 8% as costly AI transition weighs on earnings

Source：CoinDesk

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Source：https://www.coindesk.com/markets/2026/08/28/iren-shares-fall-8-as-costly-ai-transition-weighs-on-earnings