AI Cloud Services business
Company: IREN
The claim, verbatim
IREN's AI Cloud Services business was built on the power and data centers it set up for Bitcoin mining
Source (primary)
IREN’s AI Pivot Wins JPMorgan’s Vote While MARA’s ‘Capital-Light’ Strategy Gets A Double Downgrade - Yahoo Finance (-, news_article)
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Quote: “IREN's AI Cloud Services business was built on the power and data centers it set up for Bitcoin mining.”
How we checked this
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Additional evidence
confirms IREN’s AI Pivot Wins JPMorgan’s Vote While MARA’s ‘Capital-Light’ Strategy Gets A Double Downgrade - Yahoo Finance
Quote: “IREN's AI Cloud Services business was built on the power and data centers it set up for Bitcoin mining.”