IREN

Day 2 at NVIDIA #GTC25!    We catch up with IREN's executive leadership team to discuss how IREN is supporting the growing demand for AI infrastructure.

Day 1 at NVIDIA #GTC25   Great to connect with delegates and hear what they're most excited about for the week ahead. Looking forward to more insights and innovations!

Wondering how IREN is securing scarce land and power to support AI at scale? Chief Commercial Officer, Kent Draper, will be at booth #2112 at #GTC25 on Wednesday March 19, from 2:30pm, to answer your questions. Drop by and say hello!

Kent Draper, IREN's Chief Commercial Officer, will be presenting at #GTC25. 📅 When: Tuesday, March 18, 5pm PDT 📍 Where: NVIDIA GTC, SJCC Grand Ballroom Theater (L2) Topic: Accelerate AI development with flexible GPU cloud solutions

IREN is pleased to provide a business update: - 600MW grid connection agreement signed for Sweetwater 2 - >500 acre site strategically located ~28 miles from 1.4GW Sweetwater 1 and ~39 miles from Abilene - 2.75GW total power now secured for data centers in West Texas under binding connection agreements - Scale, time to power, fiber connectivity and low latency strongly position IREN sites for growing data center demand https://lnkd.in/gyjvqgzM

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