We recently published 10 Hot Stocks Sparking Buying Frenzy. IREN Ltd. (NASDAQ:IREN) is one of the best performers on Tuesday. IREN Ltd. extended its winning streak to a third straight day on Tuesday to hit a new all-time high, as investor sentiment was fueled by newly inked cloud supply deals, while hinting at more to come. In intra-day trading, IREN Ltd. (NASDAQ:IREN) soared to another all-time high of $63.40 before paring gains to end the day just up by 6.81 percent at $61.68 apiece. IREN (IREN) Touch ...

智通财经APP获悉，周三，IREN Ltd(IREN.US)股价走低，截至发稿，该股跌超6.4%，报57.7美元。消 息面上，该公司宣布其有意根据市场及其他条件，向认为符合资格的机构买家进行私人配售，计划发行 总额为8.75亿美元的2031年到期可转换高级票据。IREN Ltd主要从事与数据中心及加密货币挖矿相关的 业务。公司运营可再生能源驱动的数据中心基础设施，拥有电力、冷却设施、硬件部署等一体化架构。 该股股价在今年飞涨，今年至今累积涨幅超490%。 ...

Core Viewpoint - IREN Limited plans to offer $875 million in convertible senior notes due 2031, with an option for an additional $125 million, aimed at qualified institutional buyers under Rule 144A of the Securities Act [1] Summary by Sections Description of Notes - The notes will be senior, unsecured obligations of IREN, accruing interest payable semi-annually and maturing on July 1, 2031, with conversion rights for noteholders under specific conditions [2] - IREN will have the option to redeem the notes starting January 8, 2029, if certain conditions regarding the share price are met [3] Corporate Events and Repurchase Rights - In the event of a "fundamental change," noteholders may require IREN to repurchase their notes for cash at the principal amount plus accrued interest [4] Use of Proceeds - A portion of the net proceeds will fund capped call transactions, with the remainder allocated for general corporate purposes and working capital [5] Capped Call Transactions - IREN plans to enter capped call transactions to mitigate potential dilution from note conversions, with adjustments based on market conditions [6][7] - The capped call transactions will be cash settled until IREN receives shareholder approval for share repurchases [7] Market Activity and Impact - Initial hedging activities related to the capped call transactions may influence the market price of IREN's ordinary shares [9] - Option counterparties may adjust their hedge positions, potentially affecting the market price of IREN's shares and the conversion process for noteholders [10] Company Overview - IREN is a leading developer and operator of next-generation data centers, focusing on Bitcoin mining, AI cloud services, and utilizing 100% renewable energy [15]

IREN Limited (NASDAQ:IREN) shares advanced on Tuesday after the data center operator announced a new batch of multi-year agreements with major artificial intelligence companies that are deploying NVIDIA Corporation’s (NASDAQ:NVDA) Blackwell GPUs.The stock gave up its premarket gains and is trading lower at the time of publication.IREN said its expanding AI Cloud division remains on track to surpass $500 million in annualized recurring revenue from a combined fleet of 23,000 GPUs that are either active or sc ...

IREN在美股盘前一度上涨12%，截至发稿，该股上涨7%。 两周前，IREN宣布已斥资约6.7亿美元采购英伟达和AMD的GPU，以加速其人工智能云业务增长。 IREN在声明中表示，采购包括7100台英伟达B300GPU、4200台英伟达B200以及1100台AMD MI350X， 总价值约6.74亿美元。此举使其GPU总装机量提升至约23,000台。该消息曾引发股价大涨超10%。 数据中心运营商兼比特币矿企IREN Limited(IREN.US)于周二宣布，已与多家人工智能(AI)企业签署额外 的多年期云服务合同，内容涉及英伟达(NVDA.US)Blackwell系列GPU的部署。该消息推动该股在美股 盘前走高。 IREN近期已扩大其AI云服务产能，且目前仍按计划推进，截至2026年第一季度末，公司当前运营及已 订购的2.3万台GPU，有望实现年化运营收入超5亿美元。 截至目前，在2.3万台GPU中，已有1.1万台的客户合同落地，对应AI云服务年化经常性收入(ARR)约 2.25亿美元，这批GPU预计将于2025年底前投入运营。 ...

Core Viewpoint - IREN Ltd. (NASDAQ:IREN) has experienced significant stock performance due to increased investor interest in artificial intelligence (AI) stocks, particularly following a supply deal between OpenAI and Advanced Micro Devices Inc. (AMD) [1][2][4]. Group 1: Stock Performance - IREN Ltd. reached a record high of $58.28 during intra-day trading, ultimately closing up 14.45% at $57.75 [2]. - The stock's surge is attributed to the broader trend of investment in AI, driven by aggressive deal-making in the sector [1][4]. Group 2: Strategic Developments - AMD announced a definitive agreement to supply OpenAI with 6 gigawatts of Instinct GPUs, with the first gigawatt expected to be deployed in the second half of 2026 [3]. - OpenAI's expansion efforts have created optimism for companies like IREN Ltd., which is transitioning from Bitcoin mining to AI services by expanding its cloud business [4]. Group 3: Analyst Ratings - IREN Ltd. received an "overweight" rating and a new price target of $75 from Bernstein, representing a 275% increase from the previous target of $20 [4][5]. - The upgrade highlights IREN's unique approach in developing its own AI infrastructure, contrasting with competitors that are pursuing capital-light co-location deals [5].

$500m AI Cloud ARR from 23k GPUs on Track for Q1 2026NEW YORK, Oct. 07, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced it has signed additional multi-year cloud services contracts with leading AI companies for NVIDIA Blackwell GPU deployments. IREN recently expanded its AI Cloud capacity and remains on track to achieve >$500m in annualized run-rate revenue (ARR) from the 23k GPUs currently operating and on order by the end of Q1 2026.1 To date, customer contracts have been sec ...

Group 1 - IREN Limited's stock has increased by over 370% since the beginning of 2025, with market capitalization rising from approximately $2.2 billion to about $12.8 billion [1] - The author of the article is a seasoned consulting specialist at a leading Central Asian bank, bringing five years of experience in delivering strategic insights and analysis [1] - Novo Capital was created to discuss investment ideas and gain "alpha" through out-of-consensus information [1] Group 2 - The analyst has no current stock or derivative positions in any mentioned companies but may initiate a long position in IREN within the next 72 hours [1]

Core Insights - IREN Limited's shares surged by 77.2% in September, driven by increased projections for AI computing demand and the company's strategic positioning in the AI cloud market [2][3]. Company Performance - IREN, transitioning from Bitcoin mining to a "neocloud" model, reported its fiscal fourth-quarter results at the end of August, achieving Nvidia's "preferred partner" status, which positively impacted its stock [3]. - The company announced a doubling of its GPU supply in September, leading to an increase in its revenue projections for the end of the year [4][9]. Revenue and Forecasts - IREN's revenue from its AI cloud data center business was $2.4 million in August, a slight increase from $2.3 million in July, but the company expects this to grow by 8 to 10 times by December [5][6]. - Following significant announcements from Oracle and Nvidia regarding AI computing investments, IREN raised its AI cloud annualized revenue run-rate guidance to $500 million by January, up from a previous forecast of $250 million [7][9]. Market Demand - The demand for AI computing is underscored by Oracle's $455 billion future performance obligations and Nvidia's $100 billion investment in OpenAI, indicating a potential supply tightness for AI chips and power [7][8]. - IREN's existing power capacity of 2.91 GW, along with an additional 750 megawatts contracted, positions the company to meet the high demand for AI computing resources [8].

The AI neocloud rallied as today's OpenAI-AMD deal encouraged investors over insatiable AI computing demand.Shares of Iren Limited (IREN 14.84%) rallied 11.2% on Monday, as of 12:23 p.m. ET.Iren is one of several former Bitcoin miners with established GPU-filled data centers currently converting its data center fleet to become an artificial intelligence (AI) neocloud.Today, another massive deal between OpenAI and the semiconductor ecosystem increased everyone's estimates for the computing demand over the ne ...