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Policy Artificial Intelligence

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 de lectura

IREN’s $25 billion-$30 billion AI buildout may have ‘spooked’ investors, Bernstein says — Image via The Block

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.

#government-policy #ai

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Originally reported by The Block

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