The Block

IREN’s $25 billion-$30 billion AI buildout may have ‘spooked’ investors, Bernstein says

IREN’s $25 billion-$30 billion AI buildout may have ‘spooked’ investors, Bernstein saysWorldPing

IREN has $4 billion in contracted cloud ARR for 2026 capacity and has secured over $20M in annual revenue per IT megawatt on recent deals.

This is a short WorldPing brief. The full report was published by The Block.

Read the full report at The Block

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