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Bitcoin Miners Making AI Advances
Etftrends· 2025-09-15 21:14
Two of WGMI's biggest holdings, Iren (IREN) and Cipher Mining (CIFR), are already strutting their AI stuff. For example, when Iren delivered quarterly results in late August, the company told analysts and investors they landed Nvidia Preferred Partner status, procuring $96 million in financing from the chipmaker so that it can bolster its fleet of Nvidia-made graphics processing units (GPUs). "The financing is structured as a 24-month lease and represents 100% of the purchase price, with lease payments calc ...