🟢 IREN is trading 4.1% up today after Microsoft accepted its first AI facility

IREN is trading at $45.87 (+4.11%) on August 17 after Microsoft accepted Horizon 1, its first 50-megawatt AI facility, under a $9.7 billion five-year cloud contract.

• NVIDIA granted IREN Exemplar Cloud status for its GB300 NVL72 deployment, reinforcing AI-infrastructure momentum.
• Bitcoin is up 1.47% since the last close, but its smaller move does not explain IREN’s larger gain.