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Bitcoin Miners Face Billions in Funding Gaps for AI Infrastructure Pivot
Bitcoin mining companies, led by IREN, require billions in capital to transform their operations into high-demand AI data centers.

Bitcoin mining companies, led by IREN, require billions in capital to transform their operations into high-demand AI data centers.

Bitcoin mining firm Iris Energy is expanding into Europe with the acquisition of Nostrum in Spain, adding 490 MW of power and accelerating its pivot to AI cloud services.

Crypto infrastructure firm Iris Energy, known as IREN, announced plans for a significant 800-megawatt artificial intelligence data center campus in Australia.