IREN shares climb 6.08% to $41.18 after Anthropic data-center tender report
AI Market Summary
IREN rallied after reports that Anthropic is running a confidential tender for 1.4GW of Australian data-center capacity valued at US$12–15B, with IREN on the bidder shortlist. The potential AI infrastructure contract is viewed as a company-specific demand catalyst and helps ease recent skepticism toward AI-focused bitcoin miners around competition, capex intensity, and funding needs. Near-term sentiment improves, though positioning remains cautious after prior volatility.
Impact level
● Medium
Affected assets
NCSKIREN2USD/USDT+5.02%
AI Insight · NCSKIREN2USD/USDTAI Insight
▲ Bullish
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IREN shares rose 6.08% to $41.18 on Monday after The Australian Financial Review reported that AI company Anthropic has launched a confidential tender for a 1.4GW Australian data-center project valued at $12 billion to $15 billion. IREN was listed on a shortlist alongside peers including CDC and AirTrunk. Anthropic is targeting at least 1GW of operational capacity by the end of 2027 and may split the work across multiple providers. The report eased earlier concerns weighing on AI-focused crypto miners and was viewed as a clearer, company-specific catalyst tied to AI infrastructure orders.
