Latest IREN News & Updates

See the latest news and media coverage for IREN. We track all announcements, press releases, and industry mentions in real time, all in one place.

IREN

Renewable-powered data centers for AI and high-performance computing

iren.com

Headquarters: Sydney, Australia
Company type: Public company
Number of employees: 400–500

Last updated Today

Latest news about IREN

In short: IREN shifted its focus from Bitcoin mining to AI infrastructure, securing massive multi-billion dollar deals with Microsoft, NVIDIA, and Dell.

Company announcements

June 15 IREN

IREN acquires Nostrum Group, adding 490MW in Spain

The acquisition expands IREN's AI Cloud platform into Europe, leveraging Spanish renewables and fiber connectivity.

June 3 IREN

IREN announces 800MW data center campus in South Australia

It is IREN's first Australian project and one of the largest in Asia-Pacific.

May 26 IREN

IREN enters $1.6bn Dell agreement for AI cloud

The systems will be deployed at Childress, Texas, with commissioning targeted for early 2027, increasing ARR to $4.4bn.

May 14 IREN

IREN closed $3.0bn convertible notes offering

The notes have a 1.00% coupon due 2033, with net proceeds of $2.96bn.

Media coverage

June 18 Cointelegraph

Bitcoin miners need billions to fund AI ambitions, led by IREN's $21B gap

IREN leads public Bitcoin miners with a projected $21.1 billion AI infrastructure funding gap, underscoring the capital-intensive nature of converting mining sites into data centers...

June 16 Mirage News

Allens Guides IREN on 800MW Data Centre Deal

Allens has advised IREN on its transmission connection agreement for its first Australian data centre campus, a planned 800MW campus in Bundey, South Australia. IREN...

June 15 The Globe and Mail

Can Nostrum Acquisition Accelerate IREN's Expansion in Europe?

Detailed price information for Applied Digital Corp (APLD-Q) from The Globe and Mail including charting and trades.

June 13 Yahoo Finance

IREN Secures $3.65B GPU Financing Facility for Microsoft AI Cloud Expansion

IREN Limited (NASDAQ:IREN) is one of the best young stocks with the highest upside potential. On June 1, IREN announced that it has closed a...

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