Summary
IREN Chart
IREN: Improving Efficiency Position The Company For Growth
I am bullish on IREN due to its industry-leading bitcoin mining efficiency and ability to maintain low production costs amid rising competition and energy prices. IREN's strategic diversification into AI cloud services and HPC solutions positions it for resilient growth beyond bitcoin mining, capitalizing on higher CAGR opportunities in AI. Financially, IREN boasts strong revenue growth, robust liquidity, and a manageable debt profile, supporting continued expansion and operational flexibility.
IREN prices upsized $500 million convertible notes offering
SYDNEY, June 11, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (ACN 629 842 799) (“IREN”) today announced the pricing of its offering of $500 million aggregate principal amount of 3.50% convertible senior notes due 2029 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).
IREN announces proposed convertible notes offering
SYDNEY, June 10, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (ACN 629 842 799) (“IREN”) today announced its intention to offer, subject to market and other conditions, $450 million aggregate principal amount of convertible senior notes due 2029 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). IREN also expects to grant the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional $50 million principal amount of notes.
IREN Limited Dividends
IREN Limited Earnings
| 15 May 2025 Date | | 0.14 Cons. EPS | 0.11 EPS |
| 13 Feb 2025 Date | | 0.06 Cons. EPS | 0.09 EPS |
| 4 Nov 2024 Date | | - Cons. EPS | - EPS |
| 13 Sep 2024 Date | | 0.03 Cons. EPS | - EPS |
| 15 May 2024 Date | | 0.05 Cons. EPS | 0.07 EPS |
| 15 May 2025 Date | | 0.14 Cons. EPS | 0.11 EPS |
| 13 Feb 2025 Date | | 0.06 Cons. EPS | 0.09 EPS |
| 4 Nov 2024 Date | | - Cons. EPS | - EPS |
| 13 Sep 2024 Date | | 0.03 Cons. EPS | - EPS |
| 15 May 2024 Date | | 0.05 Cons. EPS | 0.07 EPS |
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IREN Limited Profile
| Financial - Capital Markets Industry | Financial Services Sector | Mr. William Roberts CEO | NASDAQ (NGS) Exchange | Q4982L109 Cusip |
| AU Country | 144 Employees | - Last Dividend | - Last Split | 17 Nov 2021 IPO Date |
Overview
Iris Energy Limited, founded in 2018, is a pioneering company specialized in the operation and ownership of bitcoin mining data centers. Situated in Sydney, Australia, it has carved a niche for itself in the rapidly evolving cryptocurrency sector. The firm focuses on leveraging cutting-edge technology to sustainably mine bitcoin, positioning itself as a leader in the innovative intersection of blockchain technology and renewable energy.
Products and Services
- Bitcoin Mining Data Centers
Iris Energy Limited operates state-of-the-art bitcoin mining facilities. These data centers are designed to harness renewable energy sources, ensuring an environmentally friendly approach to bitcoin mining. By optimizing energy consumption and utilizing advanced cooling technologies, Iris Energy aims to achieve high efficiency and sustainability in its mining operations.
Contact Information
