June 17 announcement. The Hackett Group $HCKT has formally joined the ServiceNow $NOW partner program. 😀

Our vertically integrated AI Cloud platform has arrived in Europe. Today, IREN announced it has completed the acquisition of Nostrum Group, adding 490MW of secured power in Spain to serve global demand for AI compute. “Europe is one of the largest and fastest-growing markets for AI infrastructure, and Spain is among its most compelling entry points, with abundant renewables and strong fiber connectivity. Nostrum gives us secured power today along with a development pipeline and a great local team we're excited to work with.” - @danroberts0101 Learn more: iren.gcs-web.com/static-file…

𝐁𝐮𝐢𝐥𝐝𝐢𝐧𝐠 𝐀 𝐆𝐥𝐨𝐛𝐚𝐥 𝐏𝐥𝐚𝐭𝐟𝐨𝐫𝐦 A big part of our strategy has been building at scale, and building globally. Today IREN has secured power and active development pipelines across Texas, British Columbia, Oklahoma, Spain, Australia, and more. Five gigawatts of secured, grid-connected capacity in total. Multiples of that coming behind it. AI demand is global. The infrastructure layer supporting it needs to be global too. Capital and customer diversification across regions reduces concentration risk and strengthens the overall platform. Some customers care about latency. Some care about data sovereignty. Some care about renewable power. Some simply need capacity wherever it exists. Europe is one of the largest and fastest-growing AI demand markets in the world, and it is significantly underserved from an infrastructure perspective. Asia-Pacific is home to roughly 60% of the world's population and some of the fastest-growing AI adoption on earth, with an infrastructure deficit to match. The supply simply does not exist at the scale the demand requires, and building it takes years – if you can find it. Our Spain footprint positions us directly in the European market. Our Australia pipeline with direct submarine fibre connectivity to Japan and Singapore anchors our Asia-Pacific presence. And for customers where data residency matters, consider a company operating under GDPR: routing sensitive workloads through a Texas data centre may simply not be an option, regardless of how competitive the pricing is. Regional infrastructure may not just be a preference for those customers. It may simply be a requirement.

Nebius and @LangChain have partnered to integrate Nebius Token Factory with LangChain's Deep Agents. The integration, combined with LangChain's existing Tavily integration, gives teams building on LangChain a direct path to run agent workloads on production-grade AI infrastructure with open-source models, dedicated endpoints, real-time search, and full control over cost and data. Read the blog to learn more: nebius.com/blog/posts/nebius…

IREN has acquired Awaken, a creative and media agency specializing in content strategy and brand development for high-growth companies. Senior members of the team will join IREN, including Founder and CEO Chris Parker, who will lead IREN's brand and marketing strategy. Daniel Roberts, Co-Founder and Co-CEO of IREN, commented: “As we expand across new geographies and customer segments, brand awareness and customer engagement become increasingly important. Chris and the Awaken team have been trusted partners to IREN for some time, and bringing those capabilities in-house was a natural next step as the platform continues to scale." Learn more: iren.gcs-web.com/static-file…

Blackrock Increases $IREN Position by 604.94% On May 13, 2026 - BlackRock, Inc. filed a 13F-HR form disclosing ownership of 4,457,120 shares of IREN Limited (US: $IREN ) valued at $152,790,074 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 12, 2026 disclosing 632,268 shares of IREN Limited. This represents a change in shares of 604.94% during the quarter. The current value of the position is $252,094,707 USD. fintel.io/so/us/iren/blackro…

$NBIS ABSOLUTELY DESTROYED THEIR EARNINGS • Revenue $399M vs. Est. $389M • EBITDA $130M vs. Est. $91M • ARR $1.92B vs. Est. $1.81B • AI Cloud Revenue: $390M ( 841% YoY) 2026 Guidance • ARR $8.0B vs. Est. $7.2B • Contracted Capacity: 3.5GW

Today, we announced our Q1 2026 financial results. Here are the highlights: - ARR grew 674% year-over-year; full-year guidance has been updated to ARR of $7-$9 billion and revenue of $3.0-3.4 billion. - Adjusted EBITDA margin in our AI cloud business nearly doubled quarter-on-quarter to 45%. - Contracted capacity now exceeds 3.5 GW, surpassing our 3 GW target; we now expect to have more than 4 GW of contracted capacity by the end of 2026. We also announced today that we have secured up to 1.2 GW of power and land for a new owned AI factory in Pennsylvania, bringing our total number of sites exceeding 100 MW to seven. Read more in our press release: nebius.com/newsroom/nebius-r…

$IREN | 𝐈𝐑𝐄𝐍: Bernstein reiterates 𝐎𝐮𝐭𝐩𝐞𝐫𝐟𝐨𝐫𝐦, maintains 𝐏𝐓 𝐚𝐭 $𝟏𝟎𝟎 Analyst sees $NVDA NVIDIA partnership strengthening IREN’s AI infrastructure positioning and long-term growth potential.

$IREN just entered the European market with the acquisition of Nostrum, a data center developer based in Spain. This acquisition adds 490 MW of grid-connected power (in Spain), with the total *secured* power portfolio now consisting of 5 GW! Wow! $IREN is really on a massive roll right now. Nothing is stopping this train...

IREN and @nvidia have announced a strategic partnership to accelerate deployment of up to 5GW of next-generation AI infrastructure. The companies have also signed a $3.4bn contract under which $IREN will provide AI infrastructure cloud services for NVIDIA internal AI and research workloads. iren.gcs-web.com/static-file… nvidianews.nvidia.com/news/n…

$IREN "NVIDIA has named Mirantis as one of only three founding ISV partners in its NVIDIA AI Cloud Ready initiative. IREN, Mirantis, and NVIDIA represent exactly the combination that initiative was designed for." I’ve said this before that dilution can be accretive when it is used effectively. Today’s acquisition is a clear example of management using dilution effectively to compound shareholder value. Note that this transaction represents only a small portion of the outstanding ATM. Very much looking forward to the earnings.

NEWS: SoundHound AI Introduces OASYS: The World’s First Self-Learning Orchestrated Agentic AI Platform Where AI Builds AI 🚀 🔗: soundhound.com/newsroom/pres…

IREN is acquiring Mirantis. Our advantage is infrastructure and execution. This builds on existing capabilities and strengthens how compute is deployed, managed and operated. Read more: iren.gcs-web.com/static-file…

$IREN Announces Acquisition of Mirantis to Strengthen AI Cloud Delivery Capabilities IREN Limited today announced it has signed a definitive agreement to acquire Mirantis, Inc. (“Mirantis”), a provider of cloud infrastructure, Kubernetes-based orchestration and enterprise support services. The acquisition of Mirantis builds on IREN’s existing software, engineering and customer support capabilities, enhancing how compute is deployed, managed and operated for customers. IREN is delivering AI Cloud services at scale across a range of workloads. As deployments grow, ensuring reliable provisioning, monitoring and support becomes increasingly important. Mirantis strengthens these capabilities with deep experience in cloud infrastructure and enterprise operations. Mirantis has a track record of serving over 1,500 enterprise customers globally and is a founding Independent Software Vendor partner of the NVIDIA AI Cloud Ready Initiative. Its k0rdent AI platform is designed to help manage AI infrastructure across bare metal, virtual machines and Kubernetes environments. The acquisition is expected to enhance IREN’s platform across four key areas: 1. Deployment capability: Supports faster deployment and operation of workloads on IREN’s existing bare metal GPU infrastructure. 2. Operational visibility: Improves monitoring, performance visibility and management of customer environments. 3. Customer support: Adds technical support, service delivery and enterprise operations expertise. 4. Market access: Expands the ability to serve a broader range of customer requirements, including existing AI native customers and emerging enterprise AI workloads. Mirantis is expected to operate as a standalone subsidiary, serving its existing customer base while supporting IREN’s AI Cloud deployments. Daniel Roberts, Co-Founder and Co-CEO of IREN, commented: “IREN’s core advantage is execution — from securing power to building data centers, deploying GPUs and bringing compute online at scale. Mirantis builds on our existing capabilities and strengthens how that compute is deployed, managed and operated for customers.” Alex Freedland, Founder and CEO of Mirantis, commented: “Mirantis has spent more than a decade helping enterprises deploy and manage cloud infrastructure. AI is creating a new set of customer requirements, and customers need platforms that are open, flexible and built for scale. IREN brings infrastructure at scale and proven delivery capability. Mirantis adds software and operational expertise that strengthens how customers deploy and use that infrastructure. Together, we will bring AI infrastructure online faster, while continuing to support existing customers and advance the k0rdent AI platform.” The transaction consideration will be paid in IREN ordinary shares, representing an aggregate value of approximately $625 million at signing. -> Closing remains subject to customary conditions, including required regulatory approvals <-

$NBIS EARNINGS PREDICTION! 🚀🚀 $NBIS reports on May 13 and I don't think the market knows what's about to hit. Let me explain why Q4 2025 was already wild. Revenue up 547% year on year. First ever positive group EBITDA. Sold out of capacity in Q3, Q4 and already sold out into 2026 before the quarter even started. When you're sold out before the quarter begins, every single GPU you connect goes straight to revenue. There's no demand problem here. The only variable is how fast they can physically plug things in. $4.3 billion in convertible notes raised in March. 310MW AI factory announced in Finland. Eigen AI acquired last week to supercharge their inference layer. Nine new data center sites. This isn't a company conserving cash. This is a company sprinting. Here's what I'm watching on May 13: Revenue: consensus is $374M. I think $390–420M is more realistic given the sold-out demand and Meta contract fully live. But revenue isn't even the number that matters most. ARR is. They ended 2025 at $1.2B ARR. Their target is $7–9B by end of 2026. That means roughly $600M of new ARR every single month for the rest of the year. If the Q1 exit ARR comes in at $1.7–2.0B, the trajectory is on track and this stock has a lot further to run. The EPS will be ugly. -$0.73 expected. Doesn't matter. They're spending $16–20 billion building infrastructure this year. Judging NBIS on EPS is like judging Amazon in 2005 on quarterly profit. Watch the ARR. Watch the connected capacity. Watch whether Microsoft tranche delivery is ahead of schedule. One good number on any of those and this re-rates fast. $46 billion in contracted revenue from Meta and Microsoft sitting on the books before a single new customer. Not financial advice. Know your risk tolerance.

Sweetwater 1 energized. Good to see it coming together, plenty more to do. $IREN

Sweetwater 1 has been successfully energized – a key milestone in the development of the broader 2GW Sweetwater campus. @danroberts0101, Co-Founder and Co-CEO of $IREN commented: “Delivering Sweetwater 1 substation energization on schedule reflects our disciplined execution, the strength of our supply chain relationships and the efficiency of our vertically integrated development model. It is another example of our ability to design and construct large-scale infrastructure reliably and at speed to meet market demand.” Learn more: iren.gcs-web.com/static-file…

Our full $NBIS site research on the newly announced 310MW Lappeenranta, Finland Data Center is dropping tomorrow. Give us a follow to catch it, and check out our free newsletter in the first comment to receive it in your inbox!