On June 15, 2026, IREN announced its acquisition of Nostrum, a Spanish company specializing in AI data centers. This marks IREN's strategic entry into the European market.
The acquisition aligns with IREN's goal to diversify its operations, moving beyond its established bitcoin mining activities. The company aims to develop AI infrastructure to support various projects.
With this expansion, IREN is set to enhance its global footprint in the AI sector, signaling a broader commitment to innovative technologies across multiple continents.