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IREN Limited Enters $9.7 Billion Agreement with Microsoft for GPU Services
Nov 03, 2025•8 months ago
Contract Type
partnership
SydneyEnergySoftware
Description
IREN Limited's subsidiary, IE US Hardware 3 Inc., has signed a Partner Statement of Work with Microsoft. This agreement grants Microsoft access to dedicated GPU infrastructure at the 'Horizon' data center in Childress, Texas over a five-year period. The contract is valued at approximately $9.7 billion, with payments structured in tranches.
Company Information
Company
IREN Limited
Location
Sydney, New South Wales, Australia
About
IREN Limited is a public company listed on NASDAQ (NASDAQ: IREN) with the Australian Company Number (ACN) 629 842 799. The company is involved in the energy sector.