IREN (formerly Iris Energy Limited) is a leading AI Cloud Service Provider headquartered in Sydney, New South Wales, Australia, with significant operations in the United States and Canada. The company delivers large-scale GPU clusters for AI training and inference, underpinned by an expansive portfolio of grid-connected land and data centers strategically located in renewable-rich regions. IREN's vertically integrated platform combines access to low-cost, renewable energy with high-performance computing infrastructure, enabling efficient and sustainable scaling for AI workloads. The company also maintains a strong foundation in Bitcoin mining, leveraging its renewable energy expertise to power energy-intensive operations while contributing to network security. IREN emphasizes sustainability, operational excellence, and the convergence of energy, technology, and high-density compute, positioning itself as a key player in both AI cloud services and digital asset infrastructure. With 51-200 employees and a proven track record, IREN continues to expand its renewable-powered data center footprint. As of December 31, 2025, IREN is active with ongoing AI cloud services, data center operations, and Bitcoin mining activities.
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June 2026 Bitcoin Mining & AI Infrastructure Update: Kevin O’Leary scales back massive Utah AI project after political backlash, MARA transforms with $1.5B Ohio power plant acquisition, Bitdeer breaks ground on 100 MW Alberta gas-powered site, IREN accelerates Nvidia AI pivot, DMG signs 50 MW AI colocation LOI, plus regulatory moves in North Carolina, Riot patent lawsuit, Strategy’s $10.8B unrealized loss, and Cathie Wood’s $1.5M BTC target.




June 2026 Bitcoin Mining & AI Infrastructure Update: Kevin O’Leary scales back massive Utah AI project after political backlash, MARA transforms with $1.5B Ohio power plant acquisition, Bitdeer breaks ground on 100 MW Alberta gas-powered site, IREN accelerates Nvidia AI pivot, DMG signs 50 MW AI colocation LOI, plus regulatory moves in North Carolina, Riot patent lawsuit, Strategy’s $10.8B unrealized loss, and Cathie Wood’s $1.5M BTC target.


