IREN
IREN Acquires Spanish AI Data Center, Adds 490 MW Capacity
IREN's Nostrum Group acquisition adds 490 MW in Spain, marking its entry into Europe's growing AI cloud market amid a strategic shift from Bitcoin mining.
NVIDIA and IREN Partner on 5GW AI Infrastructure Expansion
NVIDIA (NVDA) and IREN (IREN) announce a strategic alliance to deploy up to 5GW of AI infrastructure, including a $2.1B potential stock investment.
IREN's AI Cloud Pivot Backed by $5.8B Investment Targets $3.7B Revenue
IREN (NASDAQ:IREN) transitions from Bitcoin mining to AI cloud services, aiming for $3.7B revenue with Microsoft partnership and GPU expansion.
Iris Energy to eliminate mining equipment following $108M loan default
Iris Energy reduced mining power by 3.6 EH/s. On Nov. 21, it disconnected equipment used as collateral for a $107.8 million loan. The corporation just got a $103 million default notice. High hash rates, high energy costs, and poor pricing threaten Bitcoin miners.
The First Crypto Miner ETF Unveils in Australia
Australian Bitcoin miner Iris Energy applies for IPO on the Nasdaq. The stock code is "IREN". Reportedly, $100 million has been raised.
