IREN Limited
NASDAQ Global SelectCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.Company Description
- CEO
- William Roberts
- Full Time Employees
- 685
- Sector
- Technology
- Industry
- Information Technology Services
- Address
- 55 Market Street Sydney NSW Australia 2000
- IPO Date
- Nov 17, 2021
- CIK
- 0001878848
- Website
- iren.com
- Similar Companies
- Business
- IREN Limited operates as a vertically integrated data center company specializing in high-performance, power-dense computational infrastructure powered by 100% renewable energy. The company owns and operates next-generation data centers primarily in Australia and Canada, offering facilities optimized for Bitcoin mining, artificial intelligence (AI) cloud services, GPU clusters, colocation, and build-to-suit infrastructure for scalable compute. Core products and services include data center colocation; AI cloud services with large-scale GPU clusters; mining hardware operation and management for Bitcoin; and electrical infrastructure to support reliable, grid-connected service powered by clean or renewable energy sources. IREN Limited was incorporated in 2018 and is headquartered in Sydney, Australia. The company targets clients requiring sustainable, high-capacity computational resources for AI training, inference, and digital asset mining. Notably, the company underwent a name change from Iris Energy Limited to IREN Limited in November 2024 to reflect its strategic expansion beyond Bitcoin mining into broader AI and high-performance computing markets. Recent major developments include the launch of new AI data center contracts aimed at accelerating growth in AI and cloud services. In 2025, IREN executed significant capital market activities including a $1.6 billion share offering and a $2 billion private convertible notes issuance, with proceeds used for debt repurchases and corporate needs, enhancing financial flexibility. The company has also expanded its digital infrastructure footprint with projects such as the Childress and Sweetwater sites in North America to support its digital transformation and vertical integration strategy. IREN's commitment to renewable energy-powered data centers positions it as a leader in sustainable high-performance computing infrastructure. Overall, IREN Limited operates within the capital markets and technology sectors, delivering sustainable data center and compute infrastructure solutions to enterprise and institutional customers across Australia and North America, with a growing focus on AI-focused cloud services and digital asset mining.
Company News
Is It Too Late to Buy IREN Stock After Its Monster Run?
The IREN Story Is Changing Fast. We See 82% Upside Potential
Neocloud Stocks Fall as Selling Extends After a Week of Research Notes: IREN Drops 4%, CoreWeave Slides 3%, Nebius Eases
Applied Digital vs. IREN: Which Technology Stock Is a Better Buy in 2026?
Nebius Surges 6%, CoreWeave Treads Water as JPMorgan Upgrade Flags Rising Compute Pricing; IREN Slides 4%
IREN's Energy Pipeline Optionality is Very Appealing So Should You Buy It?
IREN Broadens Its AI Customer Base: Can Diversification Pay Off?
CRWV vs. IREN: Which Neocloud Stock Offers the Stronger Upside Case?
IREN Expands Its 5GW+ Pipeline: Can Execution Match Ambition?
Neocloud Boom: Comparing Nebius, CoreWeave, & IREN
IREN (NASDAQ:IREN) Stock Price Up 7.4% – Should You Buy?
IREN Shares Rise as Northland Targets $99
Why Is IREN Stock Surging Thursday?
IREN Climbs 6%, Nebius Jumps 10% as GPU Rental Rates Head Higher; CoreWeave Slips
IREN Limited's Next AI Breakout Depends On This
IREN Rebounds After Earnings Dip: Time to Buy or Hold the Stock?
Cipher Digital Surges 9% on Conditional ERCOT Status for 3.2 GW of Texas Capacity; Core Scientific Rises 4%, IREN Nudges Higher
Calls for Slower AI Development Have Created a Compelling Dip for AI Stocks
AI Infrastructure: The Trillion-Dollar Market Growing Behind the AI Revolution
IREN falls 5% despite CEO's bullish AI supply warning