Key Points Iren is well positioned to meet the power shortage for data centers. It signed a $9.7 billion deal with Microsoft recently. Iren has secured 3 gigawatts of power for its data center pipeline. 10 stocks we like better than Iren › Shares of Iren (NASDAQ: IREN) more than tripled in 2025. The Bitcoin miner, founded in 2018, is pursuing a massive opportunity by offering its data centers for artificial intelligence (AI) cloud services. Iren has secured thousands of megawatts of clean power ...