IREN Limited (NASDAQ: IREN), formerly Iris Energy, is a developer, owner and operator of next-generation data centers powered by 100% renewable energy. The company runs three verticals: AI Cloud Services (GPU compute on NVIDIA/AMD hardware), AI Data Centers, and Bitcoin Mining. IREN operates 810MW of data centers across six sites in the US and Canada, with ~5GW of secured power. Its AI Cloud business is targeting >$500M annualized run-rate revenue from ~23k GPUs by Q1 2026.
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IREN Limited (NASDAQ: IREN), formerly Iris Energy, is a developer, owner and operator of next-generation data centers powered by 100% renewable energy. The company runs three verticals: AI Cloud Services (GPU compute on NVIDIA/AMD hardware), AI Data Centers, and Bitcoin Mining. IREN operates 810MW of data centers across six sites in the US and Canada, with ~5GW of secured power. Its AI Cloud business is targeting >$500M annualized run-rate revenue from ~23k GPUs by Q1 2026.
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