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IREN Limited: AI Cloud Transformation Gains Scale on Strong Contracted Demand

Aug 31, 2026 | Team Kalkine
IREN Limited: AI Cloud Transformation Gains Scale on Strong Contracted Demand
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  • IREN:NASDAQ
  • Investment Type
    Large-cap
  • Risk Level
  • Action
  • Rec. Price (US$)

IREN Limited

IREN Limited (NASDAQ: IREN) is an Australia-based, vertically integrated AI Cloud and data-centre operator powered by renewable energy. The company provides large-scale GPU infrastructure for AI training, inference and high-performance computing, alongside ASIC-based Bitcoin mining. Its operations span North America, Europe and Asia-Pacific, supported by grid-connected land and power assets. IREN operates facilities across Sweetwater, Childress and several Canadian locations, with AI Cloud capacity including approximately 1,896 NVIDIA H100 and H200 GPUs.

Financial Performance for the full fiscal year ended June 30, 2026 (FY26)


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Past performance is not a reliable indicator of future performance.

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