List of Flash News about AI Expansion
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2025-07-01 10:39 |
Bitcoin Miner IREN Hits 50 EH/s Hashrate Target, Pivots to AI as Gemini Launches Tokenized Stocks (MSTR) in EU
According to @GreeksLive, Australian Bitcoin (BTC) miner IREN has successfully reached its midyear hashrate goal of 50 exahashes per second (EH/s), a significant increase from 31 EH/s at the end of last year. The source states this growth is primarily due to its 750MW facility in Texas. Following this mining milestone, IREN is now shifting focus to its 'Horizon 1' project, a 50MW AI data center, signaling a strategic expansion into high-growth computing markets. In separate news impacting the digital asset space, crypto exchange Gemini has started offering tokenized stocks to its European Union customers, beginning with shares of the major Bitcoin holder, MicroStrategy (MSTR). The source reports this initiative is a partnership with Dinari, a firm specializing in tokenizing real-world assets, reflecting a growing trend of bridging traditional finance with blockchain technology. |