IREN Acquires Mirantis for $625M in Stock to Enhance AI Cloud Infrastructure Capabilities

IREN (NASDAQ:IREN) has agreed to acquire Mirantis, an enterprise cloud infrastructure provider, for approximately $625 million in stock. The acquisition aims to strengthen IREN's capabilities in deploying and managing large-scale AI workloads by adding Kubernetes expertise and expanding its customer base.

By Fiona Craig May 5, 2026 3 min read · Yahoo Finance ·

IREN Acquires Mirantis for $625M in Stock to Enhance AI Cloud Infrastructure Capabilities

Tickers: $IREN

Topics: AI cloud computing infrastructure expansion

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