🟢 Defiance Daily Target 2X Long IREN ETF is trading 12.4% up today as underlying holding IREN Limited announces a new 800MW data center campus in Australia

Defiance Daily Target 2X Long IREN ETF is trading 12.4% up today, driven by a significant announcement from its sole underlying holding, IREN Limited.

• IREN announced it has secured a transmission connection agreement to support a planned 800MW data center campus in Bundey, South Australia.
• This marks IREN's first Australian data center project and is one of the largest announced in the Asia-Pacific region, targeting the area's fast-growing demand for AI infrastructure.
• The project is expected to commence energization from 2028 and will have submarine fiber connectivity to key demand centers like Singapore, Indonesia, South Korea, and Japan.