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AI founders' bonus sparks fury at Iren

Jul 19, 2026 (The Australian - ABIX via COMTEX) --

Shares in Nasdaq-listed data centre technology firm Iren have fallen by 40 per cent in the past month, reducing the personal fortunes of its Australian founders Dan and Will Roberts by $1 billion. About half of the share decline has come since 1 July, when directors of Iren decided to award the brothers a large new share-based executive remuneration package. This package has prompted a big increase in US hedge funds shorting the stock, along with sparking anger among Iren's retail shareholders..

Publication Date: 20 July 2026

IREN LIMITED
comtex tracking

COMTEX_489033052/2229/2026-07-19T22:56:19

By John Stensholt

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