20 EH/s expansion fully funded
Iris Energy Limited (IREN)
Company Research
Source: GlobeNewswire
20 EH/s expansion fully funded 460MW of next-generation data centers Commencement of quarterly reporting SYDNEY, Australia, April 01, 2024 (GLOBE NEWSWIRE) -- IREN (Iris Energy Limited) (NASDAQ: IREN) (together with its subsidiaries, "IREN" or “the Company”), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today provided a business update. 2024 expansion, now fully funded $301m cash, no debt460MW of data centers and 20 EH/s of Bitcoin mining in 2024Expansion fully funded, following completion of a targeted ATM equity raising program IREN to commence quarterly reporting immediately Starting from the quarter ending March 31, 2024 Next-generation data centers 460MW of data center capacity in 2024, with land portfolio and executed connection agreements for 2,160MW of power underpinning continued growth across both AI Cloud Services and Bitcoin miningAI Cloud Services 816 NVIDIA H100 GPUs generates an estimated ~$14-17m of annualized hard
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IREN
News
- Operating hashrate increased to 9 EH/sGlobeNewswire
- The Impact Of AI On Iris Energy's Bitcoin Mining Success [Seeking Alpha]Seeking Alpha
- Poolside upsizes and extends AI Cloud Services contractGlobeNewswire
- IREN Announces Monthly Investor Update for March 2024GlobeNewswire
- Iris Energy Limited (NASDAQ: IREN) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $10.00 price target on the stock.MarketBeat
IREN
Sec Filings
- 4/29/24 - Form 6-K
- 4/8/24 - Form 6-K
- 4/4/24 - Form 6-K
- IREN's page on the SEC website