IREN Ltd (IREN)
IREN operates a Bitcoin mining platform leveraging AI/ML and high-performance computing infrastructure to generate cryptocurrency revenues at scale.
What IREN Ltd does
IREN Limited is a cryptocurrency mining company focused on Bitcoin mining operations. The company operates mining infrastructure and participates in mining pools to generate Bitcoin and other digital assets. IREN also provides AI Cloud Services platforms that deliver AI/ML capabilities through cloud-based infrastructure, leveraging high-performance computing (HPC) resources. The company's business model combines digital asset mining with AI/ML service delivery.
Themes: Bitcoin mining, cryptocurrency / digital assets, AI Cloud Services, high-performance computing, AI/ML infrastructure
Fundamentals
- Price$40.30 as of 2026-07-20 close
- Market cap$14.3B as of 2026-07-21
- 1-year return+86.3% as of 2026-07-20 close
- P/E186.50 as of 2026-07-21
- Net margin+10.3% as of 2026-07-21
- Gross margin+68.3% as of 2026-07-21
- ROE+3.1% as of 2026-07-21
- Debt / equity1.49 as of 2026-07-21
- Revenue growth (YoY)+97.3% as of 2026-07-21
- Revenue CAGR (3y)+157.6% SEC XBRL
- Beta4.34 as of 2026-07-21
Key risks (from latest filing)
["Bitcoin mining is highly sensitive to cryptocurrency price volatility and global hashrate difficulty adjustments, which can materially impact profitability and block rewards.","Significant capital intensity and operational costs associated with maintaining mining hardware, energy consumption, and cooling infrastructure in a competitive, commoditized market.","Regulatory uncertainty around cryptocurrency mining and digital assets across jurisdictions where IREN operates or plans to expand operations."]
Insider activity (SEC Form 4)
No open-market insider purchases or sales recorded in the last 90 days.
Most recent open-market transaction: 2025-09-16. As of 2026-07-21.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about IREN's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Competitors & peers
- Riot Blockchain (RIOT)
- Marathon Digital Holdings (MARA)
- Hut 8 Mining (HUT)
- Bit Digital
- Core Scientific (CORZ)
- Compass Mining
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Frequently asked questions
What does IREN Ltd (IREN) do?
IREN Limited is a cryptocurrency mining company focused on Bitcoin mining operations. The company operates mining infrastructure and participates in mining pools to generate Bitcoin and other digital assets. IREN also provides AI Cloud Services platforms that deliver AI/ML capabilities through cloud-based infrastructure, leveraging high-performance computing (HPC) resources. The company's business model combines digital asset mining with AI/ML service delivery.
Who are IREN Ltd's (IREN) competitors?
Notable peers of IREN Ltd (IREN) include Riot Blockchain, Marathon Digital Holdings, Hut 8 Mining, Bit Digital and Core Scientific. This peer set is informational only — not financial advice.
Where does stocks-llm's data on IREN come from?
Fundamentals and prices come from Finnhub, as of 2026-07-21; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: Finnhub, as of 2026-07-21. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-20.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.