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Wajeeh Khan

Nvidia Is Taking This Crypto Mining Stock Higher Today. Should You Buy Shares Now?

IREN Nvidia Crypto Mining

IREN (IREN) shares ended nearly 15% up on Aug. 29 after the artificial intelligence (AI), cloud, and data center company said it has secured “preferred partner” status from Nvidia (NVDA). 

In its press release, the crypto mining firm also confirmed that it has procured up to $168 million worth of new Nvidia GPUs, further adding fuel to its explosive stock price rally on Friday. 

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