Darylene Canuday

living life to the fullest and loving my family.

[Mirantis @MirantisIT]

Today, we are excited to announce that Mirantis has entered into an agreement to be acquired by @IREN_Ltd — bringing together IREN's AI infrastructure scale and Mirantis's open source k0rdent AI platform to accelerate the build-out of the open standard for AI infrastructure.

Every major shift in computing follows the same pattern. A new technology wave arrives, complexity explodes, and the market eventually converges on two types of platforms: proprietary stacks built for their builders' purposes, and open standards built for the whole industry.

Linux. Android. Kubernetes. In each case the open standard won — and accelerated the market in doing so.

AI infrastructure is the next wave. The open standard for this era is yet to be established. That is what Mirantis and IREN are building together.

Mirantis will operate independently, our mission unchanged: to continue supporting our existing customers as before, to democratise GPU consumption, and to enable enterprises and providers everywhere to deliver and consume AI infrastructure faster and more easily. What changes is the scale at which we can pursue that mission. IREN brings hundreds of thousands of GPUs — creating the largest and most robust reference implementation of k0rdent AI in the industry, available to the whole market.

The validation is already there. NVIDIA has named Mirantis as one of only three founding ISV partners in its NVIDIA AI Cloud Ready initiative. IREN, Mirantis, and NVIDIA represent exactly the combination that initiative was designed for.

The work has already started. This partnership accelerates it.

Read the full message from CEO Alex Freedland: https://t.co/NbmqKqPr8g

[IREN @IREN_Ltd]

IREN is acquiring Mirantis.

Our advantage is infrastructure and execution.

This builds on existing capabilities and strengthens how compute is deployed, managed and operated.

Read more: https://t.co/pjjHrwtDjv

[Daniel Roberts @danroberts0101]

Horizon 1-4 for Microsoft coming together.

First 200MW - more underway. $IREN

[Maarten 🇪🇺 @MaartenDik]

$IREN @danroberts0101 joined Fox Business to talk about the fresh AI cloud deal with $MSFT Microsoft!

Watch:

[Frans Bakker @FransBakker9812]

$IREN SECURES $9.7 BILLION AI CLOUD CONTRACT WITH MICROSOFT

[Mr. Misunderstood @meeijer]

A clear overview of the major data center operators that stand to benefit significantly from the AI boom:

• $NBIS | Nebius
• $IREN | Iren
• $GLXY | Galaxy Digital
• $ORCL | Oracle
• $GOOGL | Alphabet
• $CORZ | Core Scientific
• $WYFI | WhiteFiber
• $BITF | Bitfarms
• $SLNH | Soluna
• $AMZN | Amazon
• $MSFT | Microsoft
• $CIFR | Cipher Mining
• $RIOT | Riot Platforms
• $CRWV | CoreWeave
• $APLD | Applied Digital
• $CLSK | CleanSpark
• $HIVE | Hive Digital Technologies
• $HUT | Hut 8
• $WULF | TeraWulf

[Frans Bakker @FransBakker9812]

$IREN Cantor: IREN Always Hits Their Targets

Nobody cares about HC Wainwright.
Brett Knoblauch explains why his renowned firm has a $100 price target for the company.
"Everything that @IREN_Ltd has said, from a target perspective — they have gone out and delivered"

[IREN @IREN_Ltd]

Earlier this week, Chief Commercial Officer Kent Draper sat down with @IBDInvestors to discuss the ongoing expansion of $IREN's AI Cloud service.

Catch the full interview here: https://t.co/5avEaoB8uW

[IREN @IREN_Ltd]

Thank you to everyone who connected with the $IREN team at the @aiandsystems AI Infra Summit!

The summit’s theme – “Powering Fast, Efficient & Affordable AI” – perfectly captured the innovation driving the AI industry forward.

As demand for compute continues to surge, $IREN is focused on empowering builders to turn bold AI ideas into reality.

[IREN @IREN_Ltd]

$IREN is pleased to announce the closing of its $1.0 billion convertible notes offering.

Key details of the transaction:

- Oversubscribed $875m offering, plus $125m greenshoe
- Net proceeds of approximately $979.0m
- 0.00% coupon, 42.5% conversion premium
- No put option for investors in the notes (other than a customary put right in the case of certain fundamental changes)
- Capped call transactions are generally expected to provide a hedge upon conversions up to an initial cap price of $120.18 per share, which represents a 100% premium (as compared to the 42.5% conversion premium under the notes)
- Citigroup Global Markets Inc. and Goldman Sachs & Co. LLC acted as active bookrunners

Refer to the Press Release for further information: https://t.co/r1tvL1eyH1

[The Tech Investor @TheTechInvest]

“ $IREN runs the cheapest renewable power in the world.”

“For data centers alone, electricity demand is projected to nearly triple by 2030.”

JP Morgan

No AI revolution without POWER and $IREN is the hyperscalers best option.

[The Big Degen @TheBigDegen]

Ask yourself, why does the CEO of the world’s largest company $NVDA put up this “KEY DEALS” slide which prominently shows $IREN even though no deal has been announced yet?? 👀👀

[Frans Bakker @FransBakker9812]

$IREN More Signs Pointing at MacKenzie Expansion

IREN is now hiring specifically for AI/HPC at MacKenzie. According to Darylene, there is an "exciting tech project" in MacKenzie.

We can see in my post below, that a 20MW expansion is planned for May 2026.
But as we know, Time To Compute (TTC) matters.
So @IREN_Ltd is frontrunning the expansion, by putting a team in place.

IREN is in the middle of raising $1B for working capital. Wanna bet that some of that money will go to MacKenzie upgrades and GPU's?

160MW today
210MW in the coming year(s).
90% GPUs 10% ASICs.
Are you ready? 🔥

[Braiins @Braiins]

Introducing Lightning payouts ⚡️

We are excited to be the first mining pool using the Lightning Network.

Our miners can now instantly receive rewards with no minimums or fees.

[IREN @IREN_Ltd]

$IREN Nov-23 Update

- Expansion on track to 10 EH/s
- New 1,400MW data center development site in West Texas
- Average operating hashrate of 5,551 PH/s
- 369 #BTC mined, revenue of $13.7m

#Bitcoin #HPC #AI

[IREN @IREN_Ltd]

$IREN is proud to support the Mackenzie, BC community through our 2023 Community Grants Program

#Bitcoin #Community #HPC #AI

[Darylene Canuday @canudayd]

Iris Energy - Mackenzie Community Grants Program (2023) https://t.co/77L2IiDr9A via @YouTube

[IREN @IREN_Ltd]

Aerial of $IREN's 600MW Childress site:
* DC 1: operating ✅
* DC 2: primary steel structure complete ✅
* DC 3: concrete foundations complete ✅

#Bitcoin #HPC

[IREN @IREN_Ltd]

$IREN is proud to support the local community of Mackenzie, BC through our Community Grants Program

#Bitcoin #Community #HPC

[IREN @IREN_Ltd]

$IREN's independent non-executive director @mikealfred leading discussions on #Bitcoin portfolio strategy and macro trends

#Bitcoin #HPC #pacificbitcoin @SwanBitcoin @pacificbitcoin