Mining Firm IREN Announces $9.7 Billion AI Cloud Computing Contract with Microsoft

By: theblockbeats.news|2025/11/03 12:02:55

BlockBeats News, November 3rd, Bitcoin mining firm IREN announced that it has signed a $9.7 billion AI cloud computing contract with Microsoft. The key details of the transaction are as follows:

Total Contract Value: $9.7 billion
Average Term: 5 years
20% Prepayment
Data Center Scale: 200 megawatts (IT load)
Deployment Equipment: NVIDIA GB300 GPU

《Time Magazine》 Releases 2025 Annual List of Top 300 Inventions, Cryptocurrency and Blockchain Make the Cut Animoca Brands is planning to go public on Nasdaq through a reverse merger.

You may also like

Share

copy

Gainers

Latest Crypto News

12:02

Animoca Brands is planning to go public on Nasdaq through a reverse merger.

12:02

《Time Magazine》 Releases 2025 Annual List of Top 300 Inventions, Cryptocurrency and Blockchain Make the Cut

12:02

US Stock IREN Soars Over 20% in Pre-market Trading, Market Cap Reaches $16.523 Billion

12:02

Pre-market US Stock Cryptocurrency Concept Stocks Mixed, BMNR Down 3.88%

12:02

Mining Firm IREN Announces $9.7 Billion AI Cloud Computing Contract with Microsoft