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IREN Raises Year-End AI Cloud Annualized Run-Rate Revenue Target From $3.7B To More Than $4B, With ~85% Now Under Contract Following Multi-Year Cloud Services Contracts With AI Developers Representing $2.8B In Total Contract Value

BenzingaJul 20, 2026, 11:09 AMBenzinga Newsdesk

IREN Limited (NASDAQ:IREN) ("IREN") today announced that it has raised its year-end AI Cloud annualized run-rate revenue ("ARR") target from $3.7bn to more than $4bn, of which approximately 85% is now

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benzinga
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Jul 20, 2026, 11:09 AM
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Jul 20, 2026, 11:09 AM
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