Search results for IREN
AI & Enterprise
IREN to acquire open-source cloud infrastructure firm Mirantis
Neo-cloud company IREN will acquire open-source cloud infrastructure specialist Mirantis, The Register reported on Thursday. Mirantis is known for OpenStack distributions, hyperconverged appliances and Kubernetes tools, and launched an AI infrastructure deployment automation platform, k0rdent AI, in 2025. Mirantis will continue as an independent business after the deal and support IREN cloud deployments. IREN began as Iris Energy in 2018, moved into generative AI infrastructure in 2023 and now runs six data centres.
Crypto
Bitcoin slumps but mining stocks rise, up as much as 85 percent in 2026
Major listed bitcoin mining stocks have risen across the board in 2026 even as bitcoin is down about 20 percent from the start of the year, Cointelegraph reported. The top 10 miners by market value all posted positive returns, with gains ranging from about 5 percent to more than 85 percent, according to BitcoinMiningStock.io. The strength is linked to big miners expanding AI and high-performance computing businesses.
Crypto
Bitcoin buying detected targeting $88,000 despite war fears
Bitcoin showed short-term weakness as geopolitical risks revived risk-off sentiment across global markets, but analysts said market supply-demand and technical indicators still point to a rebound. Strategy expanded its holdings and estimates suggest additional demand this week. U.S.-listed spot bitcoin ETFs posted strong net inflows. Analysts cited continued purchases, supply absorption and oversold signals as limiting downside risk, while rising mining stocks and a higher S&P 500 supported risk appetite.
