According to BlockBeats, reporting on Serenity's analysis, AI cloud and data center stocks surged significantly on July 21. IREN rose 19.69% after securing new AI cloud service contracts and raising its annual recurring revenue target to over $4 billion, with customers including Microsoft, Nvidia, Perplexity, and Figure. Hut 8 (HUT) gained 10.45% following a 15-year, $9.8 billion AI data center leasing agreement.
Cipher Mining (CIFR) climbed 16.76%, CleanSpark (CLSK) up 13.7%, and WhiteFiber (WYFI) up 9.18%. By contrast, Nebius (NBIS) and CoreWeave (CRWV) showed no significant gains.