IREN (NasdaqGS:IREN) has secured $3.6b in GPU financing supported by leading global banks. The company aligned this funding with a $1.9b customer prepayment tied to a $9.7b AI contract with Microsoft.

In the past week, IREN reported Q2 FY26 results showing a shift away from Bitcoin mining toward AI cloud infrastructure, underpinned by its multi-year US$9.70 billion Microsoft contract, US$3.60 ...

Bitcoin miner Iren missed expectations for quarterly results late Thursday, but AI revenue picks up. Bitcoin price unravels.

Iren Limited is executing a strategic pivot from Bitcoin mining to contracted AI infrastructure, with AI Cloud revenue up 136 ...

Building Tier III data centers—the kind powerful enough to support AI—can take years. This is precisely where Bitcoin miners ...

The article " The Great Pivot: Bitcoin Miners Are Becoming AI’s Landlords " first appeared on MarketBeat.

NasdaqGS:IREN has agreed a reported $9.7b supply deal with Microsoft tied to its AI cloud data center operations. The company is shifting its core focus from Bitcoin mining toward high performance AI ...

Shares of most bitcoin miners who have shifted business plans to AI infrastructure fell after Nvidia announced a fresh $2 ...

IREN secures $3.6b in GPU financing to support its multi billion dollar AI contract with Microsoft. The company announces a new 1.6GW data center campus in Oklahoma, taking total secured power ...

IREN posted weaker-than-expected fiscal second-quarter results, with revenue falling to $184.7 million and losses widening.

Bitcoin mining company IREN (IREN) signed a multi-year GPU cloud services contract with Microsoft, highlighting the integration of traditional mining infrastructure with the demands of Big Tech for AI ...