Sentiment: Positive
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Iren Stock Goes Big: 50,000 New Nvidia GPUs and a $6B Share Offering
By Trader Edge at 2026-03-05 18:57
Sentiment: Positive
TLDR Iren expanded its share offering program from $1 billion to $6 billion under its At Market Issuance Sales Agreement. The company agreed to buy over 50,000 Nvidia B300 GPUs, bringing its total fleet to 150,000 units. The expanded GPU fleet is expected to support AI Cloud annualized run-rate revenue of over $3.7 billion by [...] The post Iren Stock Goes Big: 50,000 New Nvidia GPUs and a $6B Share Offering appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks
Source Coin Central