IREN

IREN is committed to powering the future of Bitcoin and AI the right way - by supporting the communities that power us. IREN’s Community Grants Program has funded local initiatives since 2022, creating a lasting and meaningful impact in the communities where we live and work. Watch the video to hear from the 2024 grant recipients and see the impact of their work.

Join IREN next week at #GTC25 in San Jose! Stop by Booth #2112 to learn how IREN’s partnership with NVIDIA delivers scalable and sustainable AI cloud solutions. Discover how accelerated computing can bring your AI to market faster with superior GPU performance and efficiency.

A Heavy Lift for a Powerful Future!   IREN’s multi-disciplinary engineering teams successfully installed the Childress Phase 4 substation transformer over the weekend, bringing the company one step closer to energizing an additional 150MW of data center capacity.      David Shaw, Chief Operating Officer, commented: "With unprecedented growth in the data center industry and increasingly constrained supply chains, careful and proactive planning is more critical than ever. The ahead-of-schedule installation of this 138/34.5 kV transformer underscores the strategic importance of IREN’s internal procurement team and strength of our supplier partnerships."

IREN management are attending the Cantor Fitzgerald Global Technology Conference in New York on March 11-12. Contact ir@iren.com for more information and to connect with our team! https://lnkd.in/edrSbMNH

IREN is pleased to provide our monthly update for February 2025. - Resilient mining hardware profit margin (70%) - Ramping up to 50 EH/s over the next 4 months - AI Cloud Service nearing full utilization at end of February - AI Data Center ‘Horizon 1’ customer diligence ongoing - Commenced site-works at 1.4GW Sweetwater 1 project, on-track for energization in April 2026 https://lnkd.in/gzecNdRC

Step inside IREN’s data centers. Designed and built for high-performance computing.

With Horizon 1, a new 75MW liquid-cooled data center in Childress, IREN can pursue multi-tenant AI/HPC colocation without compromising gigawatt+ single-tenant opportunities for Sweetwater.   Co-CEO Daniel Roberts sat down with Bryce McNallie and Anthony Power ACMA CGMA to discuss the latest developments in IREN’s AI/HPC strategy.     Full interview: https://lnkd.in/gJcWZvwM

IREN Co-CEO Daniel Roberts joined CNBC Power Lunch today to discuss how West Texas renewables are helping address growing AI power demands. Full interview:

IREN New 75MW liquid-cooled data center at Childress for AI / HPC (Horizon 1) New 600MW Sweetwater 2 site in development to create a 2GW Sweetwater Data Center Hub

IREN today reported its Q2 FY25 results. Key highlights: - Revenues of $119.6m - Operating cashflow of $53.7m - NPAT of $18.9m - 75MW liquid-cooled Childress data center for AI / HPC (“Horizon 1”) - Developing new 600MW site to create 2GW Sweetwater data center hub - Expansion from 31 EH/s to 50 EH/s in H1 2025 - U.S. domestic issuer status confirmed to be adopted in H2 2025 The presentation and webcast replay can be accessed here:  https://lnkd.in/gcSbsVjX