Iris Energy operates renewable energy-powered data centers for Bitcoin mining and AI workloads, headquartered in Sydney with 100 employees. The company went public on November 17, 2021, with facilities in Canada and Texas.
IREN has been in the news recently: IREN Limited (NASDAQ: IREN) reported a significant increase in its share value following the announcement of a $9.7 billion GPU cloud services contract with Microsoft, marking a major advancement in AI infrastructure. Additionally, IREN Ltd has achieved notable success in Bitcoin mining, distinguishing itself on Wall Street amid industry challenges.
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