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IREN

IRENยทNASDAQ
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IREN Profile

Iren Limited

An Australia-based bitcoin mining company that operate data center infrastructure by renewable energy

Software
11/06/2018
11/17/2021
NASDAQ Stock Exchange
257
06-30
Common stock
Level 6, 55 Market Street, Sydney, NSW 2000 Australia
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IREN Limited was incorporated on 6 November 2018 under the laws of New South Wales, Australia. The company is a Bitcoin mining company. The company builds, owns and operates data centers and power infrastructure for Bitcoin mining, which is primarily powered by renewable energy. The company's goal is to enter regions with low-cost, abundant and attractive renewable energy. The company's mining business generates revenue by earning bitcoins from a combination of block rewards and transaction fees, which come from the operation of specialized computers called ASICs, and exchanging those bitcoins into currencies such as the U.S. dollar or Canadian dollar on a daily basis.