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IREN will acquire Mirantis for approximately $625 million, further strengthening its capabilities in the AI cloud sector.
Golden Finance reports that Bitcoin mining company IREN has signed a final agreement to acquire cloud infrastructure service provider Mirantis for approximately $625 million (paid in IREN common stock). This acquisition will enhance IREN’s deployment, management, and operational capabilities in the AI cloud sector. After the acquisition is completed, Mirantis will continue to serve existing clients as an independent subsidiary while fully supporting IREN’s AI cloud deployment. The deal is still subject to customary regulatory approvals and other conditions.