IREN Limited: Leveraging Bitcoin Hype and Data Center Demand
ByAinvest
Thursday, Aug 21, 2025 10:51 am ET1min read
BTC--
IREN Limited owns and operates bitcoin mining data centers. The company was incorporated in 2018 and is headquartered in Sydney, Australia. It has recently reported an EPS of $0.11 for the last quarter, missing the consensus estimate of $0.17 and showing a revenue of $148.10 million, which was below the estimated $153.38 million [3].
The company's stock has been assigned a consensus rating of "Moderate Buy" by analysts, with two hold ratings, eight buy ratings, and one strong buy rating among the eleven analysts covering the stock. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $20.8889 [3].
IREN Limited is also involved in the data center industry, which is experiencing significant growth due to the increasing demand for AI computing capacity. Applied Digital Corporation (NASDAQ:APLD), another player in the AI data center market, is planning to build its next AI data center — the Polaris Forge 2 — near Harwood, North Dakota, in September 2025. The $3 billion, 280-megawatt (MW) AI Factory is expected to begin operations in 2026 and reach full capacity in 2027 [2].
In addition to its data center operations, IREN Limited is also involved in Bitcoin mining. The company's exposure to Bitcoin has contributed to its stock price surge, as the cryptocurrency market continues to gain attention and investment.
Overall, IREN Limited's business model, which combines Bitcoin mining and data center operations, appears to be well-positioned to benefit from current market trends. However, investors should carefully consider the risks associated with both Bitcoin and the data center industry before making investment decisions.
References:
[1] https://www.datacenterdynamics.com/en/news/crypto-firm-mint-secures-financing-for-600mw-renewable-powered-bitcoin-mining-and-ai-data-center/
[2] https://finance.yahoo.com/news/polaris-forge-2-applied-digital-230438593.html
[3] https://www.marketbeat.com/instant-alerts/iren-limited-nasdaqiren-given-consensus-rating-of-moderate-buy-by-analysts-2025-08-14/
IREN--
IREN Limited is a stock that combines two core businesses benefiting from current market trends: Bitcoin hype and increasing demand for data centers. The company's stock price has surged due to its exposure to Bitcoin through its mining operations and its involvement in the data center industry.
IREN Limited, formerly known as Iris Energy Limited, is a stock that combines two core businesses benefiting from current market trends: Bitcoin hype and increasing demand for data centers. The company's stock price has surged due to its exposure to Bitcoin through its mining operations and its involvement in the data center industry.IREN Limited owns and operates bitcoin mining data centers. The company was incorporated in 2018 and is headquartered in Sydney, Australia. It has recently reported an EPS of $0.11 for the last quarter, missing the consensus estimate of $0.17 and showing a revenue of $148.10 million, which was below the estimated $153.38 million [3].
The company's stock has been assigned a consensus rating of "Moderate Buy" by analysts, with two hold ratings, eight buy ratings, and one strong buy rating among the eleven analysts covering the stock. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $20.8889 [3].
IREN Limited is also involved in the data center industry, which is experiencing significant growth due to the increasing demand for AI computing capacity. Applied Digital Corporation (NASDAQ:APLD), another player in the AI data center market, is planning to build its next AI data center — the Polaris Forge 2 — near Harwood, North Dakota, in September 2025. The $3 billion, 280-megawatt (MW) AI Factory is expected to begin operations in 2026 and reach full capacity in 2027 [2].
In addition to its data center operations, IREN Limited is also involved in Bitcoin mining. The company's exposure to Bitcoin has contributed to its stock price surge, as the cryptocurrency market continues to gain attention and investment.
Overall, IREN Limited's business model, which combines Bitcoin mining and data center operations, appears to be well-positioned to benefit from current market trends. However, investors should carefully consider the risks associated with both Bitcoin and the data center industry before making investment decisions.
References:
[1] https://www.datacenterdynamics.com/en/news/crypto-firm-mint-secures-financing-for-600mw-renewable-powered-bitcoin-mining-and-ai-data-center/
[2] https://finance.yahoo.com/news/polaris-forge-2-applied-digital-230438593.html
[3] https://www.marketbeat.com/instant-alerts/iren-limited-nasdaqiren-given-consensus-rating-of-moderate-buy-by-analysts-2025-08-14/
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