IREN’s $25 billion-$30 billion AI buildout may have ‘spooked’ investors, Bernstein says
IREN has $4 billion in contracted cloud ARR for 2026 capacity and has secured over $20M in annual revenue per IT megawatt on recent deals.
James Hunt
Publisher The Block
Aug 28, 2026 at 12:57 PM UTC · 1 Min. Lesezeit
IREN has $4 billion in contracted cloud ARR for 2026 capacity and has secured over $20M in annual revenue per IT megawatt on recent deals.
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Originally reported by The Block
NewsLayer coverage based on externally reported material.
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