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Jinse Finance reported that the market shows a general increase in altcoins, among which: FIL briefly surged to a high of $3.973 and is now quoted at $3.39, with a 24-hour increase of 101.2%; STRK is now quoted at $0.1497, with a 24-hour increase of 44.1%; NEAR is now quoted at $2.85, with a 24-hour increase of 40.0%; AR is now quoted at $7.28, with a 24-hour increase of 34.0%; ZEC is now quoted at $711.67, with a 24-hour increase of 32.2%; MINA is now quoted at $0.2082, with a 24-hour increase of 24.5%; DOT is now quoted at $3.26, with a 24-hour increase of 23.5%. The market is experiencing significant volatility, please manage your risks accordingly.

Jinse Finance reported that JPMorgan analysts stated that the $9.7 billion contract signed between IREN and Microsoft marks an important step for the company in transitioning from bitcoin mining to artificial intelligence infrastructure, and predicted that its rapid expansion may put pressure on its balance sheet in the coming year. In a client report released Thursday, the bank raised IREN's target share price for December 2026 from $24 to $28, citing the strong momentum of IREN's AI cloud business and the validation of new hyperscale partnerships. However, the analysts also pointed out that as IREN expands its GPU clusters and data center scale, the company faces significant capital requirements and potential equity dilution risks.