Market
Does Microsoft’s Massive AI Deal And GPU Build‑Out Change The Bull Case For IREN (IREN)?
YahooApr 8, 2026
Iren recently accelerated its shift from Bitcoin mining to AI cloud infrastructure, securing a five‑year US$9.70 billion Microsoft AI data center capacity deal and arranging US$9.30 billion of funding to deploy more than 150,000 Nvidia GPUs across a 4.50 GW power portfolio. This combination of a large, long-term hyperscale contract and substantial capital raising highlights both Iren’s potential to scale AI revenues and the execution and dilution risks that come with such rapid...
