US Stock Market Movement | Crypto Mining Companies See Increased Gains, IREN (IREN.US) Up Nearly 7%
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Recently, IREN reached a milestone procurement agreement with Dell Technologies (DELL.US). According to the agreement, IREN will purchase more than 50,000 Nvidia (NVDA.US) Blackwell architecture B300 GPUs, which will significantly expand its total GPU holdings to 150,000 units. The total value of this procurement contract is as high as $3.5 billions, marking a key step in the company's transformation from a bitcoin mining enterprise to a global leading provider of AI computing infrastructure.
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