IREN's $363M GPU Raise, Plus, Morgan Stanley's Bullish TeraWulf Price Target, and SK Hynix's Earnings
Today, Will covers for Colin who's set sail across the Atlantic on a family trip..enjoy! Meanwhile, we cover IREN's debt raise of $363 million based on its active GPU contracts, Morgan Stanley issuing yet another bullish bet on TeraWulf, Riot, Hut 8, and many other powershell providers. Lastly, we hit on SK Hynix, the once the core of the AI memory trade before last summer's bloodbath, during back into the picture with record earnings. Compute's daily live show | 1P EST every weekday Blockspace covers AI infrastructure including names like CoreWeave, IREN, Nebius and former bitcoin miners moving into AI cloud, data center power constraints, and what public investors should watch next. Check out our daily show wherever you watch podcasts! Full episodes on the Blockspace podcast: 🎙️ https://blockspace.media/podcasts/ Sponsored by: 👉 Soluna (Nasdaq: SLNH) develops data centers co-located with wind and solar plants, turning surplus renewable energy into computing power for AI and other intensive applications. solunacomputing.com. 👉 dimetrics.ai Enterprise compute intelligence 👉 https://luxor.tech/ Blockspace’s preferred mining pool. Start hashing today with Luxor! 👉 https://www.lygos.finance/ Borrow against your Bitcoin, without compromising on custody. Hosted on beehiiv. Read the full Privacy Policy at beehiiv.com/privacy.