IREN LimitedIREN

$59.96+1.85 (+3.18%)
NASDAQFinancial Services24:00 UTC

Company snapshot

Market Cap
$14B
Large-cap
+966%
2021 — today
10-Year Price
+167%
2021 — today
52-Week Range
$10.66$76.41
Current $59.96· 75%

IREN Limited, established in 2018 and based in Sydney, Australia, operates a comprehensive, vertically integrated data center business spanning Australia and Canada. The company possesses and manages all essential infrastructure, including its computing hardware, electrical systems, and the data center facilities themselves. A primary undertaking for IREN Limited is the mining of Bitcoin, a scarce digital asset created and exchanged via a decentralized, peer-to-peer computer network utilizing specialized Bitcoin software. The company was previously named Iris Energy Limited, officially adopting IREN Limited in November 2024.

Valuation in context

P/E ratio
-222.1
N/A
Not meaningful — company is unprofitable
P/B ratio
7.4
Near historic high
Near historic highs — last 10 years
EV / EBITDA
31.0
Around average
Around the 10-year average
FCF Yield
-5.1%
Near historic high
Near historic highs — last 10 years
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