Bitcoin miner IREN enters Europe with Nostrum acquisition as AI pivot accelerates

Bullish-55.78%
16 Jun, 08:24
Source: Cointelegraph

AI Summary

Bitcoin mining company IREN acquires Nostrum to add 490 MW of power capacity in Spain as it pivots toward building a European AI cloud platform.

The acquisition adds about 490 megawatts of secured power in Spain as IREN expands beyond Bitcoin mining and builds its European AI cloud platform.