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Mining company IREN announces a $9.7 billion AI cloud computing contract with Microsoft

Mining company IREN announces a $9.7 billion AI cloud computing contract with Microsoft

BlockBeatsBlockBeats2025/11/03 12:33
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BlockBeats News, on November 3, bitcoin mining company IREN announced that it has signed a $9.7 billion AI cloud computing contract with Microsoft. The main details of the deal are as follows:

Total contract value: $9.7 billion
Average term: 5 years
20% advance payment
Data center scale: 200 MW (IT load)
Deployed equipment: NVIDIA GB300 GPU

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