IREN is trading 5.8% up at $41.07 in pre-market following reports linking the company to a potential $15 billion Australian AI cloud infrastructure tender for Anthropic.

  • The RFP reportedly seeks at least 1.4 gigawatts of cloud capacity, spotlighting IREN’s GPU and data center build-out and reinforcing bullish sentiment around its AI cloud strategy.
  • The move appears driven primarily by company-specific AI infrastructure news, as broader cryptocurrency prices are only modestly higher.