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IREN Ltd SEC Filings

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Welcome to our dedicated page for IREN SEC filings (Ticker: IREN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.

The IREN Limited (NASDAQ: IREN) SEC filings page on Stock Titan provides centralized access to the company’s regulatory disclosures, including current reports on Form 8-K, proxy materials and other key documents. As an Australia-incorporated issuer listed on Nasdaq, IREN uses its SEC filings to report material events related to its data center, Bitcoin mining and AI cloud services businesses.

Recent Form 8-K filings describe several important developments. One 8-K outlines a Partner Statement of Work between a wholly owned IREN subsidiary and Microsoft, under which IREN will provide Microsoft access to dedicated GPU infrastructure capacity at Horizon data center facilities in Childress, Texas over a five-year average term, with a total contract value of approximately $9.7 billion through 2031. The same filing also summarizes a Dell Purchase Agreement for GPUs and ancillary products and services with an aggregate purchase price of approximately $5.8 billion.

Other 8-Ks detail IREN’s financing activities, including the issuance of 0.00% convertible senior notes due 2031 and additional convertible senior notes due 2032 and 2033. These filings explain the terms of the notes, redemption and conversion features, capped call transactions intended to reduce potential dilution, and the intended use of proceeds for capped call costs, repurchases of existing convertible notes, GPU-related capital expenditures and general corporate purposes. Additional 8-Ks report pricing and closing of these offerings and related equity placements.

Governance and shareholder matters are also covered in IREN’s SEC filings. The company’s definitive proxy statement on Schedule 14A and a subsequent 8-K dated November 24, 2025 describe amendments to IREN’s constitution, approval of the 2025 Omnibus Incentive Plan, and advisory votes on executive compensation and the frequency of such votes. Results of operations are furnished via 8-Ks that attach earnings press releases for quarterly and annual periods.

On Stock Titan, users can review these filings as they are pulled from EDGAR and use AI-powered summaries to understand complex documents such as convertible note indentures, major commercial agreements and proxy materials. This includes quick views of items like Form 8-K entries for material definitive agreements, capital structure changes, incentive plans and other events that shape IREN’s financial and operational profile.

Rhea-AI Summary

IREN Limited announced two linked commercial agreements to build and operate dedicated AI infrastructure in Texas. A wholly owned subsidiary will provide Microsoft access to GPU capacity at four “Horizon” data centers in Childress over a five-year average term. The Microsoft agreement has a total contract value of $9.7 billion through 2031, with 20% of each tranche paid before delivery and later credited after the 24th month of service.

The GPU Services will use NVIDIA GB300 GPUs across Horizon 1–4, representing about 200MW of IT load. IREN expects cash flow from the Microsoft agreement to help finance part of roughly $5.8 billion of related GPU capital expenditure. To secure hardware, IREN’s subsidiary also entered a Dell purchase agreement for GPUs and ancillary products and services, delivering in tranches from March 2026 for an aggregate purchase price of $5.8 billion, payable within 30 days of shipment; the parent company unconditionally guaranteed these obligations. The Microsoft agreement includes customary service levels, cure periods, and a delivery acceptance process.

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Rhea-AI Summary

IREN Limited issued $1.0 billion principal amount of 0.00% Convertible Senior Notes due 2031 in a Rule 144A offering, including the full $125 million option. Net proceeds were $979.0 million.

The company used $56.7 million for capped call transactions and plans to use the remainder for general corporate purposes and working capital. The initial conversion rate is 11.6784 ordinary shares per $1,000 (conversion price ~$85.63 per share). Initially, a maximum of 16,641,700 ordinary shares may be issued upon conversion.

The notes mature on July 1, 2031. They are redeemable at the company’s option starting January 8, 2029 if the share price exceeds 130% of the conversion price for specified trading days and other conditions are met. The capped calls have an initial cap price of $120.18 per share.

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Rhea-AI Summary

IREN Limited has priced an offering of $875 million in aggregate principal amount of its 0.00% Convertible Senior Notes due 2031, to be sold to qualified institutional buyers under Rule 144A. Initial purchasers also have a 13-day option to buy up to an additional $125 million of these notes. The offering is expected to close on October 14, 2025, subject to customary conditions.

The company estimates net proceeds of about $856.5 million, or $979.0 million if the option is fully exercised. It plans to use approximately $49.6 million to fund capped call transactions related to the notes and the remaining funds for general corporate purposes and working capital. The notes and any shares underlying them will be offered in a private placement and will not be registered under U.S. securities laws unless later registered.

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IREN Limited reported that it has issued 66,707,732 ordinary shares under its at-the-market offering, generating approximately $1.0B of proceeds. The company also reported a cash balance of approximately $1.0B as of September 30, 2025. The filing includes a press release as an exhibit and notes that certain Convertible Notes discussed will not be registered under the Securities Act and cannot be offered or sold in the United States unless an exemption applies. No earnings, detailed transactions, or financial statements beyond the cash balance and share issuance totals were included.

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IREN Limited presents a detailed proxy statement outlining ten AGM proposals, executive pay structure and significant FY2025 operational and financial results. The company reports record FY2025 revenue of $501M, net income of $87M, EBITDA of $278M and Adjusted EBITDA of $270M. Operationally, contracted grid-connected power rose 35% to 2,910MW, operating data center capacity grew 212% to 810MW, and installed Bitcoin self-mining capacity reached 50 EH/s (a 400% increase).

The proxy seeks shareholder approval for constitution amendments (quorum alignment with Nasdaq, director elections, forum selection, advance notice updates and miscellaneous changes), the 2025 Omnibus Incentive Plan, repurchase approvals tied to Prepaid Forward and Capped Call transactions, and advisory votes on executive compensation and frequency. The Board recommends voting FOR all proposals and discloses substantial FY2025 executive variable pay (e.g., Co-CEOs have 93% of target annual pay at risk) and a reported CEO pay ratio of 993:1 versus the median employee.

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IREN Limited seeks shareholder approval on multiple governance and compensation matters ahead of its virtual AGM. Management requests votes on ten proposals including constitutional amendments to align quorum and director election procedures with Nasdaq rules, a forum selection provision, updated advance notice rules, miscellaneous constitutional updates, approval of the 2025 Omnibus Incentive Plan, approvals for share repurchases tied to Prepaid Forward and Capped Call Transactions, and advisory "say-on-pay" and frequency votes. The proxy discloses Fiscal 2025 operational and financial results: revenue of $501 million (up 168% YoY), net income of $87 million (+$116m YoY), EBITDA of $278 million (+1,344% YoY) and Adjusted EBITDA of $270 million (+395% YoY). Key operational metrics: 2,910MW contracted grid power, 810MW operating data centers, 50 EH/s Bitcoin self-mining capacity, and ~1,900 NVIDIA GPUs. The proxy details executive pay structure, pay-for-performance mixes, large equity awards and a reported CEO pay ratio of 993:1. The proxy also discloses an accounting restatement for classification of Bitcoin sales cash flows and states no clawback recovery was required under the Restatement Clawback Policy.

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Anthony J. Lewis, Chief Financial Officer of IREN Ltd (IREN), filed an Initial Statement of Beneficial Ownership (Form 3) disclosing total holdings of 238,515 ordinary shares. The filing shows 194,515 shares held directly as restricted stock units that will vest if vesting conditions are met, and 44,000 shares held indirectly by a family member, which Mr. Lewis disclaims beneficial ownership of except for any pecuniary interest.

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Daniel John Roberts, a director and Co-Chief Executive Officer of IREN Ltd (IREN), reported a sale of ordinary shares on 09/11/2025. The Form 4 shows a disposition of 1,000,000 ordinary shares at a price of $33.131 per share. After the reported transaction, the filing states the reporting person beneficially owns 13,989,696 shares indirectly through the Awassi Capital Trust #2, over which he has control of the trustee. The filing includes a disclaimer that he disclaims beneficial ownership except to the extent of his pecuniary interest.

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IREN Limited filed a Form 144 notifying the proposed sale of 1,000,000 ordinary shares through B. Riley Securities on NASDAQ, scheduled approximately for 09/11/2025. The filing lists an aggregate market value of $33,131,000 and reports 274,282,163 shares outstanding. Acquisition details show portions of the shares were originally received from the issuer as subscriber shares on 11/06/2018 (490,732 shares) and from restricted stock unit vestings on 06/19/2023 (237,722 shares) and 07/01/2023 (271,546 shares), with payments characterized as cash or remuneration. The filing also discloses two option-related sales by Awassi Capital entities on 09/03/2025 and 09/04/2025 totaling 1,000,000 option shares that generated gross proceeds of about $24.5 million. The filer certifies no undisclosed material adverse information.

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William G. Roberts, Co-Chief Executive Officer and Director of IREN Ltd (IREN), reported a sale of ordinary shares on 09/11/2025. The Form 4 shows a disposition of 1,000,000 ordinary shares at a price of $33.131 per share. Following the transaction, the reporting person is recorded as beneficially owning 13,989,696 ordinary shares indirectly through Awassi Capital Trust #1, over which he has control of the trustee. The filing disclaims direct beneficial ownership except to the extent of his pecuniary interest in the trust.

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FAQ

What is the current stock price of IREN (IREN)?

The current stock price of IREN (IREN) is $36.7 as of March 6, 2026.

What is the market cap of IREN (IREN)?

The market cap of IREN (IREN) is approximately 13.3B.

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IREN Stock Data

13.31B
320.20M
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