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IREN to Acquire Mirantis for Approximately $625 Million, Strengthening AI Cloud Capabilities
Bitcoin mining company IREN has signed a final agreement to acquire cloud infrastructure service provider Mirantis for approximately $625 million (to be paid in IREN common stock). This acquisition will enhance IREN’s capabilities in the deployment, management, and operation of AI cloud services. After the acquisition is completed, Mirantis will continue to operate as an independent subsidiary, serving its existing clients while fully supporting IREN’s AI cloud deployment. The transaction is still subject to customary regulatory approvals and other conditions.