IREN Limited (IREN)
IREN Limited operates in the Software - Services industry of the Technology sector, headquartered in Sydney, NSW, AU. The stock last traded at $30.39, down 0.56% on the session, giving a market capitalisation of $11.96B. On trailing twelve-month figures it carries a trailing P/E of -16.70, a net margin of -99.4%. Its beta of 4.27 implies it has historically moved more than the broad market.
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.
IREN Limited is most often compared with the following Technology names: