IREN Lands $2.8B AI Contracts, Lifts 2026 Revenue Target Above $4B

1 month ago 8

Rommie Analytics

Key Takeaways:

IREN closed three new AI cloud deals valued at $2.8 billion.
It raised its forecast for AI revenue to more than $4 billion by 2026.
Approximately 85% of the projected ARR is already booked under multi-year agreements.

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