IREN enters Europe with acquisition of Spanish AI data center developer Nostrum
The Block·
60-second summary
IREN is acquiring Spanish AI data center developer Nostrum, expanding its presence in Europe. This move adds to IREN's existing AI infrastructure projects in North America and Asia, showcasing its growing diversification beyond bitcoin mining. With this acquisition, IREN solidifies its position as a global player in the AI data center market, driving innovation and growth in the sector.
IREN now has AI infrastructure projects in the works across multiple continents as it expands beyond bitcoin mining.