Iris Energy Aktie News

Iren Limited (IREN 13.88%) stock has been quietly making shareholders richer this year. Today's jump came after a big deal was announced in the artificial intelligence (AI) cloud infrastructure space.

IREN stock price has been in a strong bull run in the past few months, moving from a low of $5.17 in April to nearly $30 today. Its market capitalization has jumped from $1.1 billion to $7.25 billion, making it one of the best-performing in Wall Street today.

Iren stock jumps after releasing its monthly business update, appointing a new CFO. Bitcoin mining declines, AI cloud revenue climbs.

NEW YORK, Sept. 08, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN” or “the Company”) today announced the appointment of Anthony Lewis as Chief Financial Officer.

NEW YORK, Sept. 08, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries “IREN” or “the Company”) today published its monthly update for August 2025.

IREN operates a 50 EH/s Bitcoin mining fleet with 810 MW of data center capacity and $501M FY25 revenue. The company secured ~2.9 GW contracted renewable power capacity, providing a structural growth advantage across mining and AI cloud operations. AI expansion includes 10.9k Nvidia GPUs, with potential >60k Blackwell GPUs, targeting $200–250M annualized AI Cloud revenue.

This bitcoin miner uses renewable energy to power data centers. It's also an Nvidia partner.

IREN just posted record profits while quietly amassing one of the largest GPU fleets in the industry - is this Bitcoin miner the AI market's dark horse? With crypto cash funding AI infrastructure, does IREN hold the rare advantage that could let it outlast competitors when the bubble bursts? And AI really is in a bubble; who survives when it pops - and could IREN be the unexpected winner that i...