TokenPost topic
IREN
30 TokenPost stories are tagged IREN. The newest appear first.
Latest IREN stories
- Bitcoin Miners Shift Power to AI Data Centers as Costs Rise
Listed miners’ pretax cash costs reached about $75,500 per Bitcoin in the second quarter, while June hash prices fell to a record low of $27.70 per petahash per second per day.
· Technology
- IREN Stock Jumps as $2.8 Billion AI Deals Drive Revenue Outlook Boost
IREN shares surged after securing $2.8 billion in AI contracts and raising its 2026 revenue target while accelerating its shift from Bitcoin mining to AI cloud infrastructure.
· Business
- IREN Secures 85% of AI Cloud ARR as Compute Demand Outpaces Capacity
IREN has locked in 85% of its targeted AI cloud annual recurring revenue amid strong demand for compute capacity, supported by $3.65 billion in GPU financing and a Microsoft-backed agreement.
· Business
- IREN Jumps 30% After Securing $2.8 Billion AI Cloud Deals With Microsoft, Nvidia
IREN surged over 30% after signing $2.8 billion in AI cloud agreements with Microsoft and Nvidia, highlighting its shift from Bitcoin mining to AI infrastructure.
· Business
- IREN Volatility Rises as Bitcoin Miner Pivots to AI Cloud
IREN faces heightened volatility as it pivots from Bitcoin mining to AI cloud, with investors weighing execution risks against $2.8 billion in contracts and ambitious growth targets.
· Business
- IREN Secures $2.8 Billion AI Deal With Microsoft, Nvidia, Shifts From Bitcoin Mining
IREN signed a $2.8 billion AI cloud deal with Microsoft and Nvidia, accelerating its shift away from Bitcoin mining toward AI infrastructure.
· Business
- IREN Shifts From Bitcoin Mining to AI Data Centers With Microsoft, NVIDIA Deals
IREN is pivoting from Bitcoin mining to AI cloud infrastructure through major deals with Microsoft and NVIDIA to build large-scale data center capacity.
· Business
- IREN Gains Attention as $9.7 Billion Microsoft Deal Fuels AI Pivot
IREN is shifting from Bitcoin mining to AI infrastructure, backed by a $9.7 billion Microsoft deal and Nvidia partnership, driving investor attention and valuation debate.
· Business
- IREN Signs $50 Million-Per-Year Warriors Deal to Advance AI Pivot
Bitcoin miner IREN inked a $50 million annual sponsorship with the Golden State Warriors to strengthen its positioning as an AI cloud infrastructure provider.
· Business
- IREN Rallies as AI Pivot Drives $4.4 Billion ARR Outlook Beyond Bitcoin Mining
IREN’s stock surge is driven by its shift from Bitcoin mining to AI infrastructure, backed by Nvidia-linked contracts and a $4.4 billion ARR target.
· Business
- IREN Rally Extends as $3.4 Billion NVIDIA Deal Fuels AI Pivot
IREN shares rise as a $3.4 billion NVIDIA agreement and rapid AI revenue growth drive its shift from Bitcoin mining to AI infrastructure.
· Business
- IREN Expands AI Data Center Push With 490MW Europe Acquisition
IREN completed its acquisition of Spain-based Nostrum Group, adding 490MW of European power capacity to accelerate its shift from Bitcoin mining to AI infrastructure.
· Business
- IREN Stock Gains as Bitcoin Miner Pivot to AI Infrastructure Draws Nvidia, Microsoft Deals
IREN shares rose as the former Bitcoin miner accelerates its shift to AI infrastructure, backed by major deals with Microsoft and Nvidia.
· Business
- IREN Shifts From Bitcoin Mining to AI Data Centers With $3.65 Billion Microsoft Deal
IREN is pivoting from Bitcoin mining to AI data center infrastructure, backed by a $3.65 billion Microsoft deal driving investor optimism and revaluation of its business model.
· Business
- IREN Secures $3.65 Billion GPU Financing, Accelerates Shift From Bitcoin Mining to AI Infrastructure
IREN shares rose after securing a $3.65 billion Microsoft-linked GPU financing deal as the firm accelerates its pivot from Bitcoin mining to AI infrastructure.
· Business
- IREN Secures $3.65 Billion GPU Financing to Expand Microsoft-Backed AI Cloud Shift
IREN secured a $3.65 billion investment-grade GPU financing facility tied to Microsoft to accelerate its shift from Bitcoin mining to AI cloud infrastructure.
· Business
- IREN Secures $3 Billion, Acquires Awaken to Accelerate AI Pivot
IREN acquired Awaken and raised $3 billion in convertible notes to accelerate its shift from Bitcoin mining to AI infrastructure and global expansion.
· Business
- IREN Shifts From Bitcoin Mining to AI Cloud With $3.7 Billion Revenue Target
IREN is pivoting from Bitcoin mining to AI cloud infrastructure backed by major deals with Nvidia and Microsoft while targeting $3.7 billion in annual revenue.
· Business
- IREN Secures Up to $3 Billion to Pivot From Bitcoin Mining to AI Data Centers
IREN raised up to $3 billion to shift from Bitcoin mining to AI data center infrastructure, backed by major deals with Nvidia and Microsoft.
· Business
- IREN Raises $3 Billion via Convertible Notes to Expand AI Data Center Push
IREN secured $3 billion through convertible notes to fund AI data centers and GPU cloud expansion tied to its Nvidia partnership.
· Business
- IREN Plans $2.3 Billion Convertible Notes Offering, Shares Slide Despite NVIDIA Deal
IREN announced plans to raise up to $2.3 billion via convertible notes, sending shares lower despite a recent $3.4 billion AI cloud deal with NVIDIA.
· Business
- IREN Powers 1.4 Gigawatt Texas Data Center, Accelerating AI Infrastructure Push
IREN energized its 1.4-gigawatt Sweetwater 1 data center in Texas, advancing its shift from Bitcoin mining to AI-focused infrastructure and cloud services.
· Business
- IREN Delivers 1.4 Gigawatts to Texas Data Center, Advancing AI Infrastructure Push
IREN has begun delivering 1.4 gigawatts of power to its Sweetwater 1 site in Texas, strengthening its position in scaling AI-focused data center infrastructure.
· Business
- IREN Stock Jumps as Bitcoin Miner Pivots to AI Cloud With Microsoft Deal
IREN shares rose after announcing a Microsoft partnership and plans to expand AI cloud infrastructure with 150,000 GPUs, signaling a shift from Bitcoin mining to diversified compute services.
· Business
- IREN Shares Swing as Bitcoin Miner’s AI Pivot Raises Funding Concerns
IREN shares surged but turned volatile as investors weighed its shift from Bitcoin mining to AI infrastructure alongside a potential $6 billion capital raise and dilution risks.
· Business
- Institutional Investors Increase IREN Holdings Despite Earnings Miss and Revenue Decline
Institutional investors boosted exposure to Bitcoin miner IREN despite weak earnings and declining revenue, reflecting long-term confidence in crypto cycle leverage.
· Business
- IREN Expands ATM Program to $6 Billion to Fund Bitcoin Mining Growth
IREN raised its at-the-market equity program to $6 billion to finance Bitcoin mining and data center expansion amid rising capital demands.
· Business
- IREN Gains Institutional Interest as It Pivots From Bitcoin Mining to AI Infrastructure
IREN is attracting institutional investors including Discovery Capital as it shifts from crypto mining to AI infrastructure backed by long-term deals like Microsoft’s $9.7 billion contract.
· Business
- IREN Stock Falls After Earnings Miss as Bitcoin Miner Shifts to AI Data Centers
IREN shares dropped after a sharp earnings miss as the company accelerates its transition from Bitcoin mining to AI data center infrastructure.
· Business
- IREN Stock Gains as $970 Million Microsoft AI Deal Signals Shift Beyond Bitcoin Mining
IREN draws investor attention after securing a $970 million Microsoft deal and expanding AI data center capacity to diversify beyond Bitcoin mining.
· Business