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IREN - Mergers and acquisitions
IREN Limited (IREN) mergers and acquisitions - real-time wire coverage filtered to M&A only.
Recent M&A for IREN
- The AI Revolution Is Winning the Software Race but Losing the Infrastructure BattleAUSTIN, Texas, Aug. 12, 2026 (GLOBE NEWSWIRE) -- AINewsWire Editorial Coverage: The technology driving artificial intelligence is advancing faster than the physical systems required to support it. The International Energy Agency ("IEA") estimates that worldwide electricity consumption by data centers will double to approximately 945 terawatt-hours by 2030, identifying AI as the single most significant factor behind that surge. In response, investor focus is expanding beyond AI software and semiconductor design toward the foundational infrastructure layer: electrical power, hyperscale data-center capacity, high-bandwidth connectivity and next-generation GPU systems. AZIO AI Holdings Inc. (N
- IREN Completes Acquisition of MirantisNEW YORK, Aug. 04, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ:IREN) ("IREN") today announced it has completed the acquisition of Mirantis, Inc. ("Mirantis"), a leading provider of cloud software and services, through the issuance of approximately 12.6m ordinary shares, fixed at signing, plus cash, restricted stock units and other consideration of approximately $40m as of closing. The acquisition deepens IREN’s capabilities across AI workload orchestration, monitoring and customer support, further strengthening its vertically integrated AI Cloud platform spanning owned and operated data centers, compute and software. The acquisition also supports IREN’s strategy to serve a large and di
- IREN Completes Acquisition of Nostrum Group Expanding AI Cloud Platform to EuropeNEW YORK, June 15, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ:IREN) ("IREN") today announced it has completed the acquisition of Ingenostrum, S.L. (Nostrum Group), a developer of grid-connected AI data centers based in Spain. The acquisition marks IREN's entry into the European market, adding approximately 490MW of secured, grid-connected power in Spain and an additional development pipeline. Nostrum also brings a team of more than 50 people across development, engineering, construction and operations. The acquisition establishes a strong foundation for IREN to serve rapidly growing AI Cloud demand across Europe, one of the largest and fastest growing markets. Nostrum's operations wi
- Iris Energy Announces Monthly Investor Update for December 202310 EH/s expansion fully fundedConstruction ahead of schedule SYDNEY, Australia, Jan. 05, 2024 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ:IREN) ("Iris Energy" or "the Company"), a leading owner and operator of institutional-grade, highly efficient proprietary Bitcoin mining data centers powered by 100% renewable energy, today published a monthly investor update for December 2023, containing its results from operations as well as business updates. Key Highlights1 4,123 BTC mined in calendar year 2023 Key metrics2Dec-23Average operating hashrate (PH/s)5,576Bitcoin mined399Mining revenue (US$'000)17,174Electricity costs (US$'000)35,926Revenue per Bitcoin (US$)43,056Electricity costs pe
- Iris Energy Increases Mining Capacity to 10 EH/sSYDNEY, Australia, Dec. 15, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ:IREN) (together with its subsidiaries, "Iris Energy" or "the Company"), a leading owner and operator of institutional-grade, highly efficient Bitcoin mining data centers powered by 100% renewable energy, today announced the acquisition of 1.6 EH/s of Bitmain T21 miners to increase self-mining capacity to 10 EH/s. Key Highlights 1.6 EH/s acquisition of new-generation Bitmain T21 miners (19 J/TH)$14/TH purchase price ($22.3 million)1Fulfills the Company's goal of expanding self-mining capacity to 10 EH/s: Current: 5.6 EH/s operatingShipping Q1 2024: 1.4 EH/s Bitmain S21 minersShipping Q1 2024: 1.3 EH/s Bi
- Iris Energy Increases Mining Capacity to 8.3 EH/sExpansion on track to 10 EH/s SYDNEY, Australia, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ:IREN) (together with its subsidiaries, "Iris Energy" or "the Company"), a leading owner and operator of institutional-grade, highly efficient Bitcoin mining data centers powered by 100% renewable energy, today announced the acquisition of 1.3 EH/s of Bitmain T21 miners to increase self-mining capacity to 8.3 EH/s. Key Highlights 1.3 EH/s acquisition of new-generation Bitmain T21 miners (19 J/TH)Improves overall fleet efficiency to 25.8 J/TH$14/TH purchase price ($18.6 million), with 20% deferredSelf-mining capacity expanded to 8.3 EH/s: 5.6 EH/s operating1.4 EH/s Bitmain S21 mi
- Iris Energy Announces Monthly Investor Update for October 2023Partnership with WEKA to optimize generative AI workloads Near-term expansion on track to 9.4 EH/s SYDNEY, Australia, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ:IREN) ("Iris Energy" or "the Company"), a leading owner and operator of institutional-grade, highly efficient proprietary Bitcoin mining data centers powered by 100% renewable energy, today published a monthly investor update for October 2023, containing its results from operations as well as business updates. Key Highlights1 Key metrics2Oct-23Average operating hashrate (PH/s)5,571Bitcoin mined376Mining revenue (US$'000)11,159Electricity costs (US$'000)35,868Revenue per Bitcoin (US$)29,673Electricity costs per