SYDNEY, May 06, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), today published its monthly update for April 2025. April Highlights Mining capacity increased to 40 EH/s mid-month On track for 50 EH/s by June 30 Miners scheduled to ship from Southeast Asia (during... Read More

SYDNEY, May 02, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, "IREN") today announced that it will release its financial results for the three and nine-months ended March 31, 2025, on Wednesday, May 14, 2025 and host a conference call beginning at 5:00 p.m. Eastern Time. The webcast will be recorded, and the replay will be accessible shortly after the event at... Read More

SYDNEY, April 16, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN”), today provided an update on its Bitcoin mining expansion. “We’re proud to have reached 40 EH/s, marking yet another significant step toward our 50 EH/s target,” said Daniel Roberts, IREN Co-Founder and Co-CEO. “The site team’s rapid expansion of data center capacity at Childress coupled with our best-in-class... Read More

SYDNEY, April 04, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), today published its monthly update for March 2025. March Highlights Operating data center capacity increased to 660MW Bitcoin mining capacity now 37 EH/s, up from 31 EH/s On track for 50 EH/s in H1... Read More

SYDNEY, March 31, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN”), today provided a business update and strategic outlook, highlighting momentum in its AI/HPC segments and an evolving capital allocation strategy aligned with current market conditions. “As we near completion of our 50 EH/s mining expansion, our focus is shifting to the next phase of growth and delivering scalable... Read More

SYDNEY, March 20, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN” or the “Company”), today announced that, in connection with the Securities and Exchange Commission’s (“SEC”) review of its Form 20-F for the fiscal year ended June 30, 2024 (the “SEC Review”), and following review and... Read More

SYDNEY, March 17, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN”), today announced the signing of a 600MW grid connection agreement for Sweetwater 2, advancing its 2GW Sweetwater data center hub in West Texas. “Securing this additional 600MW further solidifies our competitive... Read More

SYDNEY, March 06, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN ) (together with its subsidiaries, “IREN” or “the Company”), today published its monthly update for February 2025. February Highlights Resilient mining hardware profit margin (70%) Ramping up to 50 EH/s over the next 4 months AI Cloud Service nearing full... Read More

Record Revenue, $53.7m Operating Cashflow, $18.9m NPAT 75MW Liquid-Cooled Childress Data Center for AI / HPC (“Horizon 1”) Developing New 600MW Sweetwater 2 Site SYDNEY, Feb. 12, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), today reported its financial results for the three and six months ended December 31, 2024. All $ amounts are in United States Dollars... Read More

SYDNEY, Feb. 06, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), today published its monthly update for January 2025. January Highlights On-track for 50 EH/s in 5 months Installing direct-to-chip liquid cooling for AI / HPC Advancing construction at 1.4GW... Read More

SYDNEY, Feb. 03, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, "IREN") today announced that it will release its financial results for the three and six-months ended December 31, 2024, on Wednesday, February 12, 2025 and host a conference call beginning at 5:00 p.m. New York time. The webcast will be recorded, and the replay will be accessible shortly after the event at... Read More

SYDNEY, Jan. 21, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “ IREN ” or “the Company”) today provided a business update. Key highlights Announcement of $1bn at-the-market facility to support general corporate purposes, including: Expanding capacity to 57 EH/s by H2 2025, with 50 EH/s... Read More

SYDNEY, Jan. 07, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), today published its monthly update for December 2024. December Highlights Bitcoin Mining AI / HPC 3,984 Bitcoin mined in 2024 529 Bitcoin mined in Dec $40m hardware profit in Dec 1 50 EH/s on-track... Read More

SYDNEY, Dec. 23, 2024 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “ IREN ” or “the Company”) today announced it has reached its year-end target of 31 EH/s installed self-mining capacity, surpassing its original goal of 20 EH/s. Daniel Roberts, Co-Founder and Co-CEO of IREN, commented:... Read More

SYDNEY, Dec. 06, 2024 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (ACN 629 842 799) (“IREN”) today announced the closing of its offering of $440 million aggregate principal amount of 3.25% convertible senior notes due 2030 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Key... Read More

SYDNEY, Dec. 06, 2024 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), today published its monthly investor update for November 2024. Key Highlights Bitcoin Mining 379 Bitcoin mined 2.96 c/kWh Childress electricity cost 28 EH/s installed capacity at month- end, up by... Read More

SYDNEY, Dec. 04, 2024 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (ACN 629 842 799) (“IREN”) today announced the pricing of its offering of $400 million aggregate principal amount of 3.25% convertible senior notes due 2030 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Key... Read More

SYDNEY, Dec. 03, 2024 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (ACN 629 842 799) (“IREN”) today announced its intention to offer, subject to market and other conditions, $300 million aggregate principal amount of convertible senior notes due 2030 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended... Read More

Childress Phase 3 substation energized On-track for 31 EH/s this month SYDNEY, Dec. 02, 2024 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “ IREN ” or “the Company”) today announced it has increased its installed self-mining capacity by 33% to 28 EH/s. 31 EH/s expansion update IREN has increased its installed capacity from 21 EH/s to 28 EH/s (15 J/TH efficiency) following the energization... Read More

50 EH/s expansion accelerated to H1 2025 Focused on alternative funding instruments Potential for investor distributions in 2025 Transition to U.S. domestic issuer SYDNEY, Nov. 26, 2024 (GLOBE NEWSWIRE) -- IREN (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), today reported its financial results for the first quarter ended September 30, 2024. All $ amounts are in United States Dollars (“USD”) unless... Read More

SYDNEY, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, "IREN") today announced that it will release its financial results for the three months ended September 30, 2024, on Tuesday, November 26, 2024 and host a conference call beginning at 5:00 p.m. New York time. The webcast will be recorded, and the replay will be accessible shortly after the event at... Read More

SYDNEY, Nov. 06, 2024 (GLOBE NEWSWIRE) -- IREN (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), today published its monthly investor update for October 2024. Key Highlights AI Cloud Services Bitcoin Mining Additional 1,080 NVIDIA H200 GPUs being commissioned Preparing data centers for liquid-cooled... Read More

AI Cloud Services continuing to scale 1.4GW data center project energization now April 2026 SYDNEY, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “ IREN ”) today provided a business update. AI Operations Scaling with Strong Profit Contribution IREN’s AI Cloud Services division is expected to be generating approximately $32 million in annualized hardware profit by the... Read More

SYDNEY, Oct. 04, 2024 (GLOBE NEWSWIRE) -- IREN (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), today published its monthly investor update for September 2024. Key Highlights Bitcoin Mining AI Cloud Services 347 Bitcoin mined $23.6k electricity cost per Bitcoin 21 EH/s installed (16 J/TH efficiency) 31... Read More

SYDNEY, Australia, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “ IREN ”) today provided a business update. “We are pleased to announce that we’ve reached our 20 EH/s milestone ahead of schedule. This achievement reflects the hard work of our global team. Thank you for... Read More

SYDNEY, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “ IREN ”) today announced the purchase of 1,080 latest-generation NVIDIA H200 GPUs to support its growing AI Cloud Services business. “We’re seeing strong levels of demand for new-generation GPUs. Ongoing discussions with NVIDIA and participation in their Cloud Partner Program gives us added confidence in deploying... Read More

SYDNEY, Sept. 05, 2024 (GLOBE NEWSWIRE) -- IREN (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today published a monthly investor update for August 2024. Key Highlights Bitcoin Mining 245 Bitcoin mined in... Read More

Record Adjusted EBITDA of $54.7 million in FY24 On track for 30 EH/s in 2024 AI business strategy update SYDNEY, Aug. 28, 2024 (GLOBE NEWSWIRE) -- IREN (Iris Energy Limited) (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today reported its financial results for the full year ended June 30, 2024. All $... Read More

SYDNEY, Australia, Aug. 20, 2024 (GLOBE NEWSWIRE) -- IREN (NASDAQ: IREN) (together with its subsidiaries, "IREN" or “the Company”), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today announced that it will release its financial results for the full year ended June 30, 2024, on Wednesday, August 28, 2024 and host a conference call beginning at 5:00 p.m. New York time. The... Read More

SYDNEY, Aug. 06, 2024 (GLOBE NEWSWIRE) -- IREN (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today published a monthly investor update for July 2024. Key Highlights Bitcoin Mining AI Cloud Services 222... Read More

SYDNEY, July 24, 2024 (GLOBE NEWSWIRE) -- IREN (Iris Energy Limited) (NASDAQ: IREN) (together with its subsidiaries, "IREN" or “the Company”), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today provided a business update. The Company is pleased to announce it has secured an additional 150MW of immediately available power capacity at its Childress site. This increase follows... Read More

SYDNEY, July 16, 2024 (GLOBE NEWSWIRE) -- IREN (Iris Energy Limited) (NASDAQ: IREN) (together with its subsidiaries, "IREN" or “the Company”), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today provided a business update. The Company is pleased to announce it has appointed Morgan Stanley & Co. LLC as financial advisor in connection with evaluating monetization opportunities in... Read More

SYDNEY, Australia, July 05, 2024 (GLOBE NEWSWIRE) -- IREN (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today published a monthly investor update for June 2024. Key Highlights Bitcoin Mining 233 Bitcoin... Read More

SYDNEY, July 01, 2024 (GLOBE NEWSWIRE) -- IREN (Iris Energy Limited) (NASDAQ: IREN) (together with its subsidiaries, "IREN" or “the Company”), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today provided a business update. 2024 expansion fully funded $425.3m cash 1 , no debt 30 EH/s and 510MW of data centers in 2024 fully funded Additional cash buffer, providing flexibility in... Read More

SYDNEY, June 06, 2024 (GLOBE NEWSWIRE) -- IREN (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today published a monthly investor update for May 2024. Key Highlights Bitcoin Mining 230 Bitcoin mined in May 10... Read More

Achieved record revenue, Adjusted EBITDA and operating cashflow $47.9 million operating cash inflow in FY24 YTD Quarterly NPAT of $8.6 million Expansion to 30 EH/s in 2024 SYDNEY, Australia, May 15, 2024 (GLOBE NEWSWIRE) -- IREN (Iris Energy Limited) (NASDAQ: IREN) (together with its subsidiaries, "IREN" or “the Company”), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today... Read More

SYDNEY, Australia, May 15, 2024 (GLOBE NEWSWIRE) -- IREN (Iris Energy Limited) (NASDAQ: IREN) (together with its subsidiaries, "IREN" or “the Company”), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today provided a business update. Key Highlights Operating hashrate currently 10... Read More

SYDNEY, Australia, May 06, 2024 (GLOBE NEWSWIRE) -- IREN (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today published a monthly investor update for April 2024. Key Highlights Bitcoin Mining AI Cloud... Read More

SYDNEY, Australia, May 06, 2024 (GLOBE NEWSWIRE) -- IREN (Iris Energy Limited) (NASDAQ: IREN) (together with its subsidiaries, "IREN" or “the Company”), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today announced that it will release its financial results for the three-months ended March 31, 2024, on Wednesday, May 15, 2024 USA Eastern Daylight Time and will host a conference... Read More

SYDNEY, Australia, April 29, 2024 (GLOBE NEWSWIRE) -- IREN (Iris Energy Limited) (NASDAQ: IREN) (together with its subsidiaries, "IREN" or “the Company”), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today provided a business update. IREN is pleased to announce that its... Read More

SYDNEY, Australia, April 08, 2024 (GLOBE NEWSWIRE) -- IREN (Iris Energy Limited) (NASDAQ: IREN) (together with its subsidiaries, "IREN" or “the Company”), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today provided a business update. Key Highlights Previously announced 3-month AI cloud services agreement with leading AI company, poolside Agreement is now upsized from 248 to... Read More

SYDNEY, Australia, April 04, 2024 (GLOBE NEWSWIRE) -- IREN (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today published a monthly investor update for March 2024. Key Highlights Bitcoin Mining AI Cloud... Read More

20 EH/s expansion fully funded 460MW of next-generation data centers Commencement of quarterly reporting SYDNEY, Australia, April 01, 2024 (GLOBE NEWSWIRE) -- IREN (Iris Energy Limited) (NASDAQ: IREN) (together with its subsidiaries, "IREN" or “the Company”), a leading next-generation data center business powering the future... Read More

SYDNEY, Australia, March 06, 2024 (GLOBE NEWSWIRE) -- IREN (Iris Energy Limited) (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today published a monthly investor update for February 2024. Key Highlights... Read More

SYDNEY, Australia, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Iris Energy Limited (dba IREN) (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today provided a business update. IREN is pleased to provide an update on its expansion to 20 EH/s in 2024: H1 2024 (10 EH/s): Operating hashrate now increased to 7 EH/s... Read More

SYDNEY, Australia, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “Iris Energy” or “the Company”), a leading owner and operator of next-generation data centers powered by 100% renewable today reported its financial results for the three and six-months ended December 31, 2023. All $ amounts are in United States Dollars (“USD”) unless otherwise stated. Rebrand from Iris... Read More

SYDNEY, Australia, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “Iris Energy” or “the Company”), a leading owner and operator of next-generation data centers powered by 100% renewable energy, today announced an expansion to triple its existing AI cloud services business. Key Highlights Additional purchase of 568 NVIDIA H100 GPUs for $22 million 1 Growing customer... Read More

SYDNEY, Australia, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “Iris Energy” or “the Company”), a leading owner and operator of next-generation data centers powered by 100% renewable energy, today announces commencement of GPU cloud service with leading AI company, Poolside AI SAS (“poolside”). Key Highlights NVIDIA H100 GPU cloud services agreement with leading AI... Read More

Operating capacity increased to 6.2 EH/s 20 EH/s plan for 2024 SYDNEY, Australia, Feb. 07, 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,... Read More

SYDNEY, Australia, Feb. 01, 2024 (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 that it will release its financial results for the three and six-months ended December 31, 2023, on Thursday, February 15,... Read More

SYDNEY, Australia, Jan. 23, 2024 (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 provided an update on its near-term expansion to 10 EH/s, as part of a pathway to 20 EH/s. 10 EH/s expansion – H1 2024 The Company is... Read More

SYDNEY, Australia, Jan. 16, 2024 (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 it is has entered into an agreement with Bitmain Technologies Delaware Limited (“Bitmain”) which provides a pathway to... Read More

10 EH/s expansion fully funded Construction 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,... Read More

NVIDIA H100 GPU Installation for Generative AI SYDNEY, Australia, Dec. 21, 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... Read More

SYDNEY, 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... Read More

Expansion on track to 10 EH/s New 1,400MW data center development site in West Texas SYDNEY, Australia, Dec. 06, 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... Read More

Expansion 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.... Read More

SYDNEY, Australia, Nov. 17, 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 that it will host an investor update conference call including time for Q&A on Tuesday, November 21, 2023 at 5:00 p.m. USA... Read More

Partnership 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... Read More

SYDNEY, Australia, Oct. 24, 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 it is partnering with WEKA , the data platform software provider for performance-intensive workloads, as part of its entry... Read More

SYDNEY, Australia, Oct. 06, 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 it is increasing its self-mining capacity by 25% from 5.6 EH/s to 7.0 EH/s. Key Highlights Acquisition of 1.4 EH/s of... Read More

Low-cost power, 30 EH/s Bitcoin mining program 80MW expansion at Childress on track SYDNEY, Australia, Oct. 05, 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... Read More

SYDNEY, Australia, Sept. 13, 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 reported its financial results for the full year ended June 30, 2023. All $ amounts are in United States Dollars (“USD”) unless... Read More

SYDNEY, Australia, Sept. 07, 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 that it will release its financial results for the full year ended June 30, 2023 on Wednesday, September 13, 2023 Eastern... Read More

Negative 8c Power at Childress in August Targeting Next-Gen Compute and Generative AI with NVIDIA H100 GPUs SYDNEY, Australia, Sept. 06, 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... Read More

SYDNEY, Australia, Aug. 29, 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 purchase of NVIDIA’s latest-generation artificial intelligence (“AI”) H100 GPUs. Key Highlights Company’s next-generation... Read More

SYDNEY, Australia, Aug. 11, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (“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 provided an update to the legal proceedings related to its limited recourse equipment financing arrangements. As previously disclosed by the Company, a hearing was held... Read More

Record data center operations at 111°F (44°C) Appointment of Sunita Parasuraman to Board of Directors SYDNEY, Australia, Aug. 03, 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... Read More

SYDNEY, Australia, July 18, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (“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 appointment of Sunita Parasuraman to its Board of Directors. Ms. Parasuraman will also serve as Chair of the Audit and Risk Committee. During her career... Read More

Further validation of revitalized HPC strategy Record operating hashrate of 5.6 EH/s Expansion plan to 9.1 EH/s SYDNEY, Australia, July 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... Read More

SYDNEY, Australia, June 20, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “Iris Energy”, “the Company” or “the Group”), a leading owner and operator of institutional-grade, highly efficient Bitcoin mining data centers powered by 100% renewable energy, today announced its expansion... Read More

Average operating capacity increased by 39% to 5.5 EH/s Fully-funded expansion to 6.5 EH/s underway New auditor appointed SYDNEY, Australia, June 06, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) ("Iris Energy" or "the Company"), a leading owner and operator of institutional-grade, highly efficient proprietary... Read More

SYDNEY, Australia, May 22, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “Iris Energy”, “the Company” or “the Group”), a leading owner and operator of institutional-grade, highly efficient Bitcoin mining data centers powered by 100% renewable energy, today announced the appointment of a new accounting firm. The Company is pleased to advise the appointment of Raymond Chabot Grant... Read More

Increase in self-mining capacity to 5.5 EH/s complete First 20MW Childress data center operational Investor update call to be held on May 10 SYDNEY, Australia, May 05, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) ("Iris Energy" or "the Company"), a leading owner and operator of institutional-grade, highly... Read More

SYDNEY, Australia, May 03, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (“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 that it will provide an update on its strategic priorities on May 10, 2023 Eastern Time, after the market close. Iris Energy will host a webcast and conference... Read More

5.2 EH/s operating, remaining 0.3 EH/s pending installation First 20MW Childress data center operational SYDNEY, Australia, April 26, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “Iris Energy”, “the Company” or “the Group”), a leading owner and operator of institutional-grade, highly efficient Bitcoin mining data centers powered by 100% renewable energy, today provided an... Read More

4.6 EH/s operating, additional 0.9 EH/s pending installation $18.4m AEP refund received Additional share acquisition by director SYDNEY, Australia, April 20, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “Iris Energy”, “the Company” or “the Group”), a leading owner and operator of institutional-grade, highly efficient Bitcoin mining data centers powered by 100% renewable energy,... Read More

Iris Energy provides 5.5 EH/s installation update 3.6 EH/s operating, all remaining miners delivered 600MW Childress substation energized Additional share acquisitions by director SYDNEY, Australia, April 13, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “Iris Energy”, “the Company” or “the Group”), a leading owner and operator of institutional-grade, highly efficient Bitcoin... Read More

Operating capacity increased by 79% to 3.1 EH/s Ramp up on track to 5.5 EH/s 600MW Childress substation nearing energization SYDNEY, Australia, April 06, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) ("Iris Energy" or "the Company"), a leading owner and operator of institutional-grade, highly efficient... Read More

Iris Energy provides 5.5 EH/s installation update 2.0 EH/s operating, 0.8 EH/s delivered, 2.7 EH/s in transit Switchyard energized at Childress Share acquisition by director SYDNEY, Australia, March 23, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “Iris Energy”, “the Company” or “the Group”), a leading owner and operator of institutional-grade, highly efficient Bitcoin mining... Read More

Iris Energy commences 5.5 EH/s installation Remaining miner deliveries expected by end of March No deposits with Silicon Valley Bank, Silvergate Capital or Signature Bank SYDNEY, Australia, March 13, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “Iris Energy”, “the Company” or “the Group”), a leading owner and operator of institutional-grade, highly efficient Bitcoin mining data... Read More

Increasing self-mining capacity from 2.0 EH/s to 5.5 EH/s Reported financial results for 2Q FY23 SYDNEY, Australia, March 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... Read More

SYDNEY, Australia, Feb. 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 reported its financial results for the three and six-months ended December 31, 2022. All $ amounts are in United States Dollars (“USD”)... Read More

SYDNEY, Australia, Feb. 13, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “Iris Energy”, “the Company” or “the Group”), a leading owner and operator of institutional-grade, highly efficient Bitcoin mining data centers powered by 100% renewable energy, today announced it is increasing its self-mining capacity from 2.0 EH/s to 5.5 EH/s. Key Highlights US$67 million of remaining... Read More

Operating capacity increased by >15% to 1.7 EH/s Continued focus on expanding to 5.4 EH/s of self-mining capacity Installation and assembly of 600MW transformer at Childress SYDNEY, Australia, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) ("Iris Energy" or "the Company"), a leading owner and operator of... Read More

LOS ANGELES, CA / ACCESSWIRE / February 6, 2023 / The Schall Law Firm , a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Iris Energy Limited ("Iris" or "the Company") (NASDAQ:IREN) for violations of the federal securities laws. Investors who purchased the Company's shares pursuant and/or traceable to the Company's initial public offering conducted on November 17, 2021 (the... Read More

SYDNEY, Australia, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (“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 retirement of its President, Lindsay Ward. Lindsay joined Iris Energy as President in October 2021 to assist with the build out of the Company’s initial... Read More

SYDNEY, Australia, Dec. 23, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (“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 that its 160MW of data center capacity is not affected by the recent announcement by the Government of British Columbia. On December 21, 2022, the Government... Read More

Strategic update – “Everything changes, everything remains the same” Mackenzie 30MW infrastructure expansion energized ahead of schedule SYDNEY, Australia, Dec. 13, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading owner and operator of institutional-grade, highly efficient... Read More

SYDNEY, Australia, Dec. 02, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (“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 that it will provide an update in respect of its current positioning, go-forward opportunities and strategic priorities on Tuesday December 6, 2022 Eastern... Read More

Average operating hashrate of 3.9 EH/s Mackenzie (50MW to 80MW) infrastructure expansion on track Construction & energization at Childress site continues Limited recourse equipment financing and Bitmain prepayment update Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading owner and operator of... Read More

Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”, and together with its subsidiaries “the Group”), a leading owner and operator of institutional-grade, highly efficient proprietary Bitcoin mining data centers powered by 100% renewable energy, today announced an update on its financing arrangements as well as a recent opportunity to utilize prepayments made to Bitmain Technologies Limited (“Bitmain”).... Read More

Increased operating capacity to >3.7 EH/s Prince George (50MW) fully commissioned on schedule On track to achieve near-term operating capacity of 4.7 EH/s Deployment pathway to 6.0 EH/s Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading owner and operator of institutional-grade, highly efficient... Read More

Iris Energy Increases Operating Capacity to >3.7 EH/s Prince George (50MW) Fully Commissioned on Schedule Additional Near Term Expansion to 4.7 EH/s Deployment pathway to 6.0 EH/s 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 announced it has increased... Read More

Key Highlights Record revenue of $59.0 million (+647% YoY) Record Adjusted EBITDA of $26.2 million (+1,791% YoY) 1 Record Adjusted EBITDA Margin of 44% (+144% YoY) 2 Record cash flow from operations of $21.6 million (+1,124% YoY) Record average operating hashrate of 747 PH/s (+611% YoY) and 1,398 Bitcoin mined (+422% YoY) from 100% renewable energy powered operations since inception 3 $110.0 million cash and cash equivalents... Read More

Prince George on track for September 2022, increasing capacity to 3.7 EH/s Guidance by the end of Q4 2022 increased from 4.3 EH/s to 4.7 EH/s Deployment pathway to 6.0 EH/s Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading owner and operator of institutional-grade, highly efficient proprietary... Read More

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 announced that it will publish the Company’s financial results for the full year ended June 30, 2022 on Tuesday, September 13, 2022 Eastern Time, after the market close on the Company’s Investor Relations... Read More

Operating capacity doubled to >2.3 EH/s Mackenzie (50MW) commissioned ahead of schedule Miner deliveries during 2022 increased from 4.3 EH/s to 6.0 EH/s Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading owner and operator of institutional-grade, highly efficient proprietary Bitcoin mining data... Read More

Iris Energy Doubles Operating Capacity to >2.3 EH/s Mackenzie (50MW) Commissioned Ahead of Schedule Deployment Options Underway for 6.0 EH/s 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 announced it has approximately doubled its operating capacity to... Read More

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 announced that it had reached agreement with Bitmain Technologies Limited (“Bitmain”) to ship an additional 1.7 EH/s of contracted S19j Pro miners in August 2022. This increases the Company’s expected total... Read More

Iris Energy Limited (NASDAQ: IREN) (“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 that it will be participating at the upcoming Canaccord Genuity 42nd Annual Growth Conference in Boston, Massachusetts between August 8-11, 2022. In attendance will be Daniel Roberts (Co-Founder and Co-CEO) and... Read More

Operating guidance increased from 3.7 EH/s to 4.3 EH/s in 2022 Mackenzie development activities progressing ahead of schedule Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading sustainable Bitcoin miner which is building an institutional-grade infrastructure platform (4.3 EH/s expected to be... Read More

Operating Guidance Increased from 3.7 EH/s to 4.3 EH/s in 2022 Deferral of Additional Capital Expenditures Given Market Conditions Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading sustainable Bitcoin miner, today re-iterated expected total online operating capacity of 3.7 EH/s by the end of Q3 2022. 1 The Company also announced that the expansion from 50MW to 80MW at its Mackenzie site is... Read More

Record average operating hashrate of 1,165 PH/s (+12% increase) Mackenzie (1.5 EH/s) and Prince George (1.4 EH/s) remain on track for Q3 2022 SYDNEY, Australia, June 07, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN ) (“Iris Energy” or “the Company”), a leading sustainable Bitcoin miner which is building an... Read More

Record average operating hashrate of 1,165 PH/s (+12% increase) Mackenzie (1.5 EH/s) and Prince George (1.4 EH/s) remain on track for Q3 2022 Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading sustainable Bitcoin miner which is building an institutional-grade infrastructure platform with 15 EH/s of... Read More

Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading sustainable Bitcoin miner which is building an institutional- grade infrastructure platform with 15 EH/s of operating and contracted miners (10 EH/s expected to be operational by early 2023), today announced that Ms Belinda Nucifora has been appointed as Chief Financial Officer (CFO), commencing today. Ms Nucifora is a Chartered Accountant and is... Read More

Key Highlights Revenue of $15.2 million (A$20.2 million) (+445% YoY) Adjusted EBITDA of $7.3 million (A$9.8 million) (+358% YoY) Adjusted EBITDA Margin of 48% (-9bp YoY) Cash flow from operations during the quarter of $4.6 million (A$6.1 million) IFRS NLAT of $2.7 million (A$3.6 million), largely driven by unrealized foreign exchange losses of $5.8 million (A$7.8 million) Record average operating hashrate of 833 PH/s (+686%... Read More

Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading sustainable Bitcoin miner which is building an institutional-grade infrastructure platform with 15 EH/s of secured miners (10 EH/s expected to be operational by early 2023); today announced that its management team is scheduled to participate in the following investor conferences in May 2022. Attendance at these conferences is by invitation only... Read More

Second operating site commissioned ahead of schedule at Mackenzie, BC Average operating capacity increases above 1.0 EH/s on track to 10 EH/s by early 2023 Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading sustainable Bitcoin miner which is building an institutional-grade infrastructure platform... Read More

Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading sustainable Bitcoin miner which is building an institutional-grade infrastructure platform with 15 EH/s of secured miners (10 EH/s expected to be operational by early 2023); today announced that it will publish the Company’s third quarter FY22 financial results ended March 31, 2022 on Wednesday, May 11, 2022 Eastern Time, after the market close on... Read More

Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading sustainable Bitcoin miner which is building an institutional-grade infrastructure platform with 15 EH/s of secured miners (10 EH/s expected to be operational by early 2023); announced today it has increased its operating hashrate by 33% to exceed 1.1 EH/s of total installed capacity with the commissioning of the first 0.3 EH/s (9MW) at its second... Read More

US$71 million equipment financing facility closed with NYDIG 10% increase in Bitcoin mined and 14% increase in revenue Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading sustainable Bitcoin miner which is building an institutional-grade infrastructure platform with 15 EH/s of secured miners (10 EH/s... Read More

Iris Energy Limite d (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading sustainable Bitcoin miner which is building an institutional-grade infrastructure platform with 15 EH/s of secured miners (10 EH/s expected to be operational by early 2023); announced today that that it will be presenting virtually at the upcoming Cowen Bitcoin Mining Summit on Wednesday, April 13. Daniel Roberts, Co-Founder and Co-CEO, will be... Read More

Highlights US$71 million limited recourse equipment financing facility closed with NYDIG Third facility secured with NYDIG, further cementing long-term partnership Secured by 19,800 Bitmain S19j Pro miners (1.98 EH/s) ~10 EH/s of the Company’s total stock of miners remain unencumbered Substantial balance sheet flexibility retained to secure additional non-dilutive funding Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or... Read More

30MW increase at Mackenzie, increasing total power capacity to 795MW 5% increase in average operating hashrate to 844 PH/s Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading sustainable Bitcoin miner which is building an institutional grade infrastructure platform with 15 EH/s of secured miners (10... Read More

Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading sustainable Bitcoin miner which is building an institutional grade infrastructure platform with 15 EH/s of secured miners (10 EH/s expected to be operational by early 2023), announced today that its management team is scheduled to attend the following investor conferences. Attendance at these conferences is by invitation only for clients of each... Read More

Key Highlights Record revenue of $20.0 million (A$27.6 million) for the quarter (+93% vs. Q1 FY22) and $30.4 million (A$41.9 million) for the half (+1,352% vs. 1H FY21) Record Adjusted EBITDA of $14.3 million (A$19.7 million) for the quarter (+156% vs. Q1 FY22) and $19.9 million (A$27.5 million) for the half (vs. -$0.7 million (-A$0.9 million) in 1H FY21) Record Adjusted EBITDA Margin of 72% for the quarter (vs. 54% in Q1... Read More

Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading sustainable Bitcoin miner with 15 EH/s of secured miners, today announces it will report financial results for the three and six months ended December 31, 2021 at 5:00 PM ET on Wednesday, February 9, 2022. Participants are asked to pre-register for the call through the following link:... Read More

Transformational 600MW connection agreement with AEP Texas, increasing power capacity to 765MW (~22 EH/s 1 ) 8% increase in average operating hashrate to 804 PH/s Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading sustainable Bitcoin miner with 15 EH/s of secured miners, today published a monthly... Read More

Highlights 600MW binding connection agreement executed with AEP Texas and $19m security deposit and connection fee paid Power capacity expected to increase from 165MW (4.6 EH/s) to 765MW (~22 EH/s 1 ) 15.2 EH/s (~530MW) of miners previously secured; and ~7 EH/s 1 (~235MW) of potential additional capacity ~22 EH/s 1 would represent >10% 2 of the total global network hashrate if operating today >300 acre freehold site (100%... Read More

14% increase in average operating hashrate to 748 PH/s 10% increase in Bitcoin mined Mackenzie (1.5 EH/s, 50MW) and Prince George (2.4 EH/s, 85MW) construction remains on track Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading sustainable Bitcoin miner with 15.2 EH/s of secured miners, today... Read More

Iris Energy successfully completes $232 million Nasdaq IPO On track to become one of the largest Bitcoin miners with 15.2 EH/s Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading sustainable Bitcoin miner with 15.2 EH/s of secured miners, today published a monthly investor update for November 2021,... Read More