Bitcoin Miner IREN's AI Push Gains Momentum, Price Target Hiked 60% to $37: Canaccord

Bitcoin miner IREN is experiencing a significant surge in momentum regarding its integration of artificial intelligence (AI) technologies, leading financial analysts at Canaccord Genuity to increase their price target for the company's stock by an impressive 60%, raising it from its previous valuation to a new target of $37 per share. This development highlights growing confidence in IREN's potential to leverage AI advancements in its mining operations and overall business strategy. source: https://www.coindesk.com/markets/2025/08/29/bitcoin-miner-iren-s-ai-push-gains-momentum-price-target-hiked-60-to-usd37-canaccord