Bitcoin Miner Iren Sees Target Hikes On Earnings; Bitcoin Rebounds Above $93k

Bitcoin Miner Iren Sees Target Hikes On Earnings; Bitcoin Rebounds Above $93k

Iren, a bitcoin miner, received increased price targets after reporting Q1 loss and lower mining revenue due to network difficulty and price drop. The company plans to increase its mining power and AI cloud services. Bitcoin price rebounded to nearly $93,700 after dropping to $90,784.

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