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IREN surged nearly 20% on Friday after the former Bitcoin miner reported AI cloud revenue of $200 million — up 182% in a single quarter — as its pivot to AI infrastructure pays off. Total revenue jumped 66% to $228 million, beating analyst estimates of $221 million, and its contracted backlog grew 22% to $20.3 billion. The stock had plunged 17% on Thursday in the AI selloff, but Friday's earnings rebound wiped out that loss. IREN still reported a $263 million net loss, narrower than the $684 million loss a quarter earlier. #IREN #AI #DataCenter #Cloud #Stocks #Bitcoin #Crypto #Zimbuck