IREN
IREN
IREN LimitedCompany Information
SectorTechnology
IndustrySoftware - Services
Market Cap$9.81B
Analysts Rating2.2/5
Recommendation Details
PortfolioDiversified Short
DateOct 29, 2026
ForecastQ Daily Probabilities
61.9%
48.7%
46.3%
Company Description
IREN Limited, established in 2018 and based in Sydney, Australia, operates a comprehensive, vertically integrated data center business spanning Australia and Canada. The company possesses and manages all essential infrastructure, including its computing hardware, electrical systems, and the data center facilities themselves. A primary undertaking for IREN Limited is the mining of Bitcoin, a scarce digital asset created and exchanged via a decentralized, peer-to-peer computer network utilizing specialized Bitcoin software. The company was previously named Iris Energy Limited, officially adopting IREN Limited in November 2024.