Iris Energy operates renewable energy-powered data centers for Bitcoin mining and AI workloads, headquartered in Sydney with 100 employees. The company went public on November 17, 2021, with facilities in Canada and Texas.
IREN has been in the news recently: IRIS Energy Ltd. (IREN) saw its shares rise as Bitcoin prices increased by 7% to around $73,200, recovering from a recent downturn. However, doubts were raised about the company's $6 billion equity filing regarding revenue transparency, contributing to share fluctuations, including a decline in premarket trading after the company ordered GPUs from Nvidia.
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