Iris Energy Stock News

IREN Limited transitions from Bitcoin mining to AI infrastructure, leveraging a $9.7B Microsoft contract to drive future growth. IREN's low-cost Bitcoin mining provides steady cash flow, but AI data center revenues are expected to far outpace crypto in coming years. Recent capital raises and debt restructuring improve IREN's balance sheet, though dilution risk remains; management's execution is...

IREN Limited rallied on its Microsoft deal, then fell over 50% from highs; I'm upgrading to Buy because risk is better priced now for 2026 upside. Microsoft signed a $9.7B, five-year contract, with 20% prepayment; GPUs deploy through 2026 at Childress, targeting 200MW IT capacity, and support hyperscale power to compute. Financing is the crux: IREN borrowed against contracted cash flows, issuin...

IREN Limited transforms from Bitcoin miner to leading vertically integrated AI-infrastructure operator, securing ~3 GW of low-cost, grid-connected power across North America. IREN's early acquisition of land, power, and interconnection establishes a formidable moat, enabling rapid AI data center expansion while competitors face multi-year delays. The $9.7B, 5-year Microsoft contract—with $1.9B ...

A new year is upon us, and what better way to start 2026 strong than a short squeeze?

IREN (NASDAQ:IREN) looked like an unstoppable growth stock from April to the end of October, gaining more than 1,000% during that stretch.

Palantir and Nvidia are large companies at the forefront of the AI revolution. Iren Limited is a Bitcoin miner, but it just inked a huge deal with Microsoft to supply cloud computing capacity.

AI chips are required to power AI tools, but those chips are useless without energy. AI data center provider IREN is one of the leaders that recently signed a lucrative deal with Microsoft.

Artificial intelligence is driving explosive demand for computing power as companies invest heavily to develop and deploy AI models.