IREN Stock Could Soar Nearly 500% by 2028 on Microsoft AI Deal, Says Cantor

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Why This Matters

IREN stock is expected to see significant growth due to its partnership with Microsoft, potentially reaching a 500% increase by 2028, driven by its ambition to reach $18.6 billion in annual revenue.

Market Impact

Market impact analysis based on bullish sentiment with 90% confidence.

Sentiment
Bullish
AI Confidence
90%

Article Context

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IREN has joined the ranks of large-scale "neocloud" providers, said analyst Brett Knoblach, adding credibility to the company’s ambitions to scale to $18.6 billion in annual revenue across its Texas and Canadian sites.

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Original article published by Unknown on November 10, 2025.
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