📢 𝗝𝗨𝗦𝗧 𝗜𝗡: $IREN(IREN.US) IREN Completes Mi

📢 𝗝𝗨𝗦𝗧 𝗜𝗡: $IREN(IREN.US) IREN Completes Mirantis Acquisition to Expand AI Cloud Software Platform

👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

➤ 𝗜𝗥𝗘𝗡 completes the acquisition of 𝗠𝗶𝗿𝗮𝗻𝘁𝗶𝘀.

➤ Transaction includes approximately 𝟭𝟮.𝟲 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 IREN ordinary shares.

➤ Cash, RSUs, and other consideration totaled approximately $𝟰𝟬 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 at closing.

➤ Acquisition adds AI workload orchestration, monitoring, and cloud software capabilities.

➤ 𝗠𝗶𝗿𝗮𝗻𝘁𝗶𝘀 serves more than 𝟭,𝟱𝟬𝟬 enterprise customers globally.

➤ Mirantis is an inaugural partner of the 𝗡𝗩𝗜𝗗𝗜𝗔 𝗔𝗜 𝗖𝗹𝗼𝘂𝗱 𝗥𝗲𝗮𝗱𝘆 𝗜𝗻𝗶𝘁𝗶𝗮𝘁𝗶𝘃𝗲.

➤ 𝗸𝟬𝗿𝗱𝗲𝗻𝘁 AI platform is integrated with 𝗡𝗩𝗜𝗗𝗜𝗔 𝗗𝗦𝗫 𝗢𝗦 components.

➤ IREN says the acquisition has already supported multiple AI Cloud contracts.

➤ IREN operates data centers across 𝗡𝗼𝗿𝘁𝗵 𝗔𝗺𝗲𝗿𝗶𝗰𝗮, 𝗘𝘂𝗿𝗼𝗽𝗲, and 𝗔𝘀𝗶𝗮-𝗣𝗮𝗰𝗶𝗳𝗶𝗰.

👉 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀:

➤ Expands IREN from AI infrastructure into higher-value 𝗔𝗜 𝘀𝗼𝗳𝘁𝘄𝗮𝗿𝗲 and cloud services.

➤ Strengthens IREN's end-to-end AI cloud platform for enterprise customers.

➤ Enhances competitiveness in the rapidly growing 𝗔𝗜 𝗶𝗻𝗳𝗿𝗮𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲 market.

➤ Deepens strategic alignment with the 𝗡𝗩𝗜𝗗𝗜𝗔 AI ecosystem.

👉 𝗘𝘅𝗽𝗲𝗿𝘁 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁𝘀:

𝗗𝗮𝗻𝗶𝗲𝗹 𝗥𝗼𝗯𝗲𝗿𝘁𝘀, Co-Founder and Co-CEO of IREN:

"From the beginning our view has been simple: own the land and power, build the data centers, deliver the compute. Mirantis adds the software layer on top, turning infrastructure into a platform. That's what lets us serve everyone from hyperscalers running bare metal to enterprises who want fully managed AI cloud."

𝗔𝗹𝗲𝘅 𝗙𝗿𝗲𝗲𝗱𝗹𝗮𝗻𝗱, Founder and CEO of Mirantis:

"Becoming part of IREN gives us the opportunity to bring those capabilities to an even larger infrastructure platform, accelerating innovation while continuing to invest in the open and infrastructure-agnostic k0rdent AI platform."