IREN is trading 10.57% up now at $48.29 after Microsoft accepted Horizon 1, the first 50MW AI Cloud deployment under IREN’s five-year, $9.7 billion agreement.
- Microsoft acceptance marks the first of four planned 50MW deployments.
- NVIDIA Exemplar Cloud status for IREN’s GB300 NVL72 deployment validates performance and scalability.
- Bitcoin is up 0.57% and Ethereum 0.65% since the prior close; broader equities are supportive, but crypto gains remain modest versus IREN’s move.