IREN Business Update
Portfolio Pulse from
Iris Energy (IREN) has announced a business update highlighting its 57 EH/s capacity, the implementation of direct-to-chip liquid cooling, a 1.4GW Sweetwater project, and a multi-gigawatt pipeline.
January 21, 2025 | 1:30 pm
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POSITIVE IMPACT
Iris Energy (IREN) has announced significant advancements including a 57 EH/s capacity, direct-to-chip liquid cooling technology, a 1.4GW Sweetwater project, and a multi-gigawatt pipeline.
The announcement of a 57 EH/s capacity and new technologies like direct-to-chip liquid cooling indicates significant growth and innovation for Iris Energy. The 1.4GW Sweetwater project and multi-gigawatt pipeline suggest a strong future pipeline, likely boosting investor confidence and positively impacting the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100