Exchanges· ★★★· neutral·

IREN to build 300MW AI data center in Spain by 2028

  • —IREN obtained the required licenses to build the Spanish facility
  • —The site in Badajoz will have 300MW of capacity
  • —Operations are targeted to begin in 2028
  • —The data center is aimed at AI workloads rather than bitcoin mining
Why it matters: The former miner is pivoting deeper into AI infrastructure, shifting its risk profile and its link to crypto markets.
#IREN
Source: Seeking Alpha Crypto
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