IREN joins peers in tapping convertible debt markets to expand HPC capacity.
Bitcoin miner IREN’s stock is up 12% in pre-market trading Tuesday after announcing new multi-year AI cloud contracts, extending Monday’s record highs.
Publicly traded miners more than doubled from Q2 lows, capping September at an all-time high ahead of bitcoin’s Uptober rebound to $116K.
New purchase lifts total to 23k GPUs, with deliveries staged at its Prince George campus
Bitfarms and HIVE lead the rally while IREN, Hut 8 and Cipher hit fresh 52-week highs
Stock rally lifts IREN’s market cap to nearly $9 billion — more than MARA and CleanSpark combined
IREN shares set all-time highs over $28 on Friday
IREN doubles GPUs after NYDIG dispute ends
Settlement comes just as PwC’s probe into the co-founders was set to begin in Australia.
Fleet utilization emerges as key differentiator amid slowing hashrate growth
Mining sector splits on June performance amid summer curtailments across the U.S.
Four public miners collectively surpass 200 EH/s amid expansion race