IREN News - August 28, 2026
IREN Secures $2.4 Billion for NVIDIA Blackwell GPUs, Scaling AI Cloud Capacity
IREN secured a $2.4 billion financing package led by Blue Owl Capital. The financing consists of a $1.2 billion senior secured term loan and $1.2 billion in...
Compass Point Lowers IREN Price Target to $85, Cites 2027 Capacity Ramp
Compass Point lowered its price target for IREN Ltd. (NASDAQ:IREN) from $105 to $85. The firm maintained its "Buy" rating on the data center and AI cloud...
🔴 IREN is trading 10.1% down today after quarterly revenue miss and substantial loss
IREN is trading 10.08% down now at $36.45 after fiscal fourth-quarter revenue missed expectations and the company reported a substantial loss tied partly to...
🔴 IREN is trading 6.4% down today after revenue miss and $684 million loss
IREN is trading 6.4% down at $37.92 after its August 27 earnings report. - Fourth-quarter revenue was $137.2 million, below estimates, while the $684 million...
IREN's $684 Million Loss Marks the Cost of Ditching Bitcoin for AI — But Can the Pivot Pay Off Fast Enough?
Shares of IREN tumbled 7.1% to $37.65 after the former Bitcoin miner's fiscal fourth-quarter report revealed a jarring headline: revenue of $137.2 million —...
🔴 IREN is trading 7.8% down in pre-market after revenue miss and $684 million loss
IREN is trading 7.8% down now at $37.65 after August 27 results showed revenue below consensus and a $684 million loss. - Fourth-quarter revenue was $137.2...