NasdaqGS:IRENSoftware
IREN’s 800MW Australian AI Campus Adds To Debt Fueled Expansion
IREN (NasdaqGS:IREN) has announced its first large-scale Australian AI data center campus in South Australia.
The company has secured an 800MW transmission connection agreement that does not require network upgrades.
The campus is planned to tap renewable energy and strong fiber connectivity to support future cloud and AI operations.
For investors watching IREN at a share price of $65.48, this Australia move comes after very strong multi year share price gains and a large 1 year return. The...