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💡 IREN Soars After Landmark $9.7B Deal with Microsoft — The AI-Mining Crossover is Here
The boundaries between AI infrastructure and crypto mining continue to blur — and IREN, one of the fastest-growing Bitcoin mining companies, has just taken a decisive step into the future.
In a stunning development, IREN has signed a five-year, $9.7 billion agreement with Microsoft, committing to supply the tech giant with GPU-powered computing capacity for artificial intelligence operations.
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🧠 From Bitcoin Mining to AI Infrastructure
Initially known for its large-scale Bitcoin mining operations, IREN has been steadily transforming into a full-fledged data and energy infrastructure company. Its facilities, optimized for high-performance computing, have now become valuable assets in the rapidly growing AI sector.
Under the new partnership:
Microsoft will gain access to IREN’s energy and computing infrastructure.
IREN will source advanced GPU and hardware systems through a $5.8 billion supply agreement with Dell Technologies.
The deployment of new GPU clusters will roll out progressively until 2026, creating one of the most significant GPU networks in the private sector.
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📈 An Explosive 6-Month Rally
IREN’s market performance mirrors its strategic evolution. Over the past six months, its stock has surged more than 860%, climbing from $4 in 2022 to over $60 today.
This exponential growth reflects not only rising investor confidence but also the market’s broader appetite for companies bridging blockchain technology with AI computing power — a convergence shaping the next digital revolution.
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🤝 Microsoft’s Expanding AI Ecosystem
For Microsoft, this partnership strengthens its already dominant position in the AI landscape. The company recently acquired a 27% stake in OpenAI, valued at approximately $135 billion, solidifying its leadership in next-generation AI innovation.
By integrating IREN’s computing resources, Microsoft is effectively expanding its GPU infrastructure, ensuring scalable performance for AI workloads — from machine learning to advanced language models.
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🚀 Conclusion
IREN’s transformation from a Bitcoin miner to a hybrid AI-infrastructure powerhouse marks a pivotal shift in how mining companies are evolving. The new Microsoft partnership not only validates IREN’s technological potential but also positions it at the heart of the AI-compute revolution.
With GPU installations continuing through 2026, and its shares already reflecting extraordinary momentum, IREN is emerging as a major player in the intersection of AI and blockchain-driven computation
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