IREN News

IREN Announces Pricing of Ordinary Shares Offering to Fund the Repurchase of Convertible Notes

IREN

NEW YORK, Dec. 03, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced the pricing of a registered direct offering of 39,699,102 ordinary shares at a price of $41.12 per share (the “Offering”) to a limited number of purchasers. The Offering is being made pursuant to the Securities Act of 1933, as amended (the “Securities Act”). The aggregate gross proceeds from the Offering approximate the aggregate cash consideration payable in connection with the Repurchase. In conjunction with any Repurchase of the Existing 2029 Convertible Notes (initial conversion price of $13.64) and Existing 2030 Convertible Notes (initial conversion price of $16.81), the principal amount of debt outstanding under the Existing Convertible Notes will be reduced accordingly and will be extinguished and, accordingly, will no longer be convertible into IREN’s ordinary shares prior to maturity or otherwise. The Offering is expected to close on December 8, 2025, subject to customary closing

December 3, 2025
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IREN Announces Proposed Convertible Notes Offering

IREN

NEW YORK, Dec. 01, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced its intention to offer, subject to market and other conditions, $1 billion aggregate principal amount of convertible senior notes due 2032 (the “2032 notes”) and $1 billion aggregate principal amount of convertible senior notes due 2033 (the “2033 notes” and, together with the 2032 notes, 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”). IREN also expects to grant the initial purchasers of the notes options to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional $150 million principal amount of 2032 notes and $150 million principal amount of 2033 notes.

December 1, 2025
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Digital Shovel Completes 493 MW Busway Delivery for IREN Ahead of Schedule

IREN

(NASDAQ:IREN) TORONTO, Aug. 31, 2025 /PRNewswire/ -- Digital Shovel, a provider of modular infrastructure solutions for data centers and cryptocurrency mining operations, has completed the delivery of its final batch of busway systems to IREN (formerly Iris Energy Limited). The delivery, totaling 493...

IREN Expands AI Cloud to 10.9k GPUs, with NVIDIA Preferred Partner Status and Additional Financing Secured

IREN

(NASDAQ:IREN) NEW YORK, Aug. 28, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced it has secured NVIDIA Preferred Partner status and procured an additional 1.2k air-cooled NVIDIA B300s and 1.2k liquid-cooled NVIDIA GB300s for approximately $168m,1 expanding its total GPU fleet to 10.9k NVIDIA GPUs.

August 28, 2025Funding
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IREN Purchases 4.2k NVIDIA Blackwell GPUs & Secures Financing - AI Cloud Expanded to 8.5k GPUs

IREN

NEW YORK, Aug. 25, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced it has procured an additional 4.2k NVIDIA Blackwell B200 GPUs, which doubles IREN’s total GPU fleet to approximately 8.5k NVIDIA GPUs. In addition, IREN has secured financing of $102m for a prior purchase of NVIDIA Blackwell B200 and B300 GPUs.

August 25, 2025Financing
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IREN to Release FY25 Results on August 28, 2025

IREN

NEW YORK, Aug. 14, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) ("IREN") today announced that it will release its financial results for the fiscal year ended June 30, 2025, on Thursday, August 28, 2025 and host a conference call beginning at 5:00 p.m. Eastern Time.

August 14, 2025Earnings
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IREN Prices Upsized $500M Offering Of 3.50% Convertible Senior Notes Due 2029 With 30% Conversion Premium

IREN

June 11, 2025
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IREN Limited Announces Proposed $450M Private Offering Of Convertible Senior Notes Due 2029

IREN

June 10, 2025
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IREN Gives May 2025 Update Including Record Monthly Revenue And Hardware Profit And $1.6M Daily Hardware Profit , Also On Track For 50 EH/s By June 30

IREN

June 5, 2025
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Canaccord Genuity Maintains Buy on IREN, Maintains $23 Price Target

IREN

May 16, 2025
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B. Riley Securities Maintains Buy on IREN, Raises Price Target to $15

IREN

May 15, 2025
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Macquarie Maintains Outperform on IREN, Raises Price Target to $20

IREN

May 15, 2025
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HC Wainwright & Co. Maintains Buy on IREN, Lowers Price Target to $21

IREN

May 15, 2025
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IREN Q3 EPS $0.11 Misses $0.14 Estimate, Sales $148.10M Miss $159.37M Estimate

IREN

May 14, 2025
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IREN Shares April 2025 Monthly Update; Mining Capacity Increased To 40 EH/s Mid-Month, On Track For 50 EH/s By June 30

IREN

May 6, 2025
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IREN Increases Installed Self-Mining Capacity From 37 EH/S To 40 EH/S; Co. Remains Well-Positioned To Achieve 50 EH/S In H1 2025

IREN

April 16, 2025
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IREN March 2025 Bitcoin Mined 533 BTC, Up From 459 BTC In Feb; Revenue $45.3M, Up From $43.9M In Feb

IREN

April 4, 2025
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IREN Pauses Bitcoin Mining Expansion to Focus on AI Cloud and Data Center Growth

IREN

March 31, 2025
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IREN Concluded Financial Statements For FY22-FY24 And Interim Statements For Three Months Ended Sept. 30, 2024 And Three & Six Months Ended Dec. 31, 2024 Should Be Amended To Reclassify Bitcoin Sale Proceeds As Investing Cash Flows ;

IREN

March 20, 2025
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IREN Secures Grid Access For Sweetwater 2 As Part Of 2.75GW AI-Optimized Data Center Expansion In West Texas

IREN

March 17, 2025
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JP Morgan Upgrades IREN to Overweight, Lowers Price Target to $12

IREN

March 13, 2025
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IREN Expects Expansion To 50 EH/s Over Next Four Months To Generate Substantial Annualized Operating Cashflows Of $600M At Current Market Economics

IREN

March 6, 2025
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IREN February Bitcoin Mined 459 BTC Vs 521 BTC In January

IREN

March 6, 2025
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Cantor Fitzgerald Reiterates Overweight on IREN, Maintains $23 Price Target

IREN

February 13, 2025
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HC Wainwright & Co. Maintains Buy on IREN, Raises Price Target to $22

IREN

February 13, 2025
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Canaccord Genuity Maintains Buy on IREN, Raises Price Target to $23

IREN

February 13, 2025
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Iris Energy Q2 2025 GAAP EPS $0.09 Beats $(0.03) Estimate

IREN

February 12, 2025
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Iris Energy Q2 Sales $113.50M Beat $108.72M Estimate

IREN

February 12, 2025
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Expert Outlook: IREN Through The Eyes Of 10 Analysts

IREN

December 19, 2024
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B. Riley Securities Maintains Buy on IREN, Raises Price Target to $16

IREN

December 19, 2024
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HC Wainwright & Co. Reiterates Buy on Iris Energy, Maintains $10 Price Target

IREN

May 16, 2024
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Canaccord Genuity Maintains Buy on Iris Energy, Raises Price Target to $12

IREN

May 16, 2024
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Compass Point Upgrades Iris Energy to Buy, Raises Price Target to $6.5

IREN

September 14, 2022
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Iris Energy Reports FY22 Sales $59M, Up From $7.9M YoY

IREN

September 13, 2022
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