Company Overview
IREN Limited operates in the vertically integrated data center business in Australia and Canada. The company owns and operates computing hardware, as well as electrical infrastructure and data centers. It also mines Bitcoin, a scarce digital asset that is created and transmitted through the operation of a peer-to-peer network of computers running the Bitcoin software. The company was formerly known as Iris Energy Limited and changed its name to IREN Limited in November 2024. The company was incorporated in 2018 and is based in Sydney, Australia.
Company Information
Price History
Company News
Press Releases
November 5, 2025
Microsoft Just Gave Investors 9.7 Billion Reasons to Buy This Monster Artificial Intelligence (AI) Data Center Stock Hand Over Fist
Businesses known as neoclouds specialize in procuring GPUs from Nvidia and then subsequently rent this hardware to hyperscalers. Back in September, Mi...
November 4, 2025
IREN's AI Takeover Begins
IREN secured a $9.7 billion, five-year AI Cloud contract with Microsoft covering 200MW and 20% upfront payment. The company controls nearly 3GW of pow...
November 4, 2025
IREN: A Renewable-Powered Data Center Play Positioned for the AI Supercycle
IREN has all the intangibles needed to become a big winner, including, a booming AI industry, explosive EPS and revenue growth, and a bullish chart pa...
November 4, 2025
IREN Limited: $9.7B Microsoft Catalyst, But I Remain Cautious Into Q1 On Dilution Risk
My bull case revolves around the 2 GW Sweetwater hub, which could expand GPU capacity by 30x, while the $9.7B Microsoft deal drives momentum in the AI...