May 10, 2026 (The Australian - ABIX via COMTEX) --
Data centre company Iren was called Iris Energy and operated as a bitcoin miner when it tried to list on the ASX in 2021, but the ASX knocked it back. That proved a blessing in disguise, as Iren instead floated on the tech-heavy Nasdaq exchange in the US, with co-founder Dan Roberts noting that on Friday it traded $US10bn in just that one session, which he says is more than the ASX's on-market dail turnover of $7.5bn. Roberts contends its rejection by the ASX was sign of Australia's unwillingness to " back next-generation technology at scale", while Iren has signed a $4.7bn deal with Nvidia to house its processing chips in Iren data centres.
Publication Date: 11 May 2026
IREN
IRIS ENERGY
ASX LIMITED - ASX ASX
NASDAQ
NVIDIA CORPORATION
COMTEX_478902728/2229/2026-05-10T22:58:50
By Thomas Henry and Max Aitchison
Copyright 2026 Roy Morgan Research. All Rights Reserved.
