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IREN snaps up Mirantis in $625 million all-stock deal to round out its AI cloud platform

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The Block Editorial
(03:43 PM UTC)
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Reviewed bySarah Chen
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IREN Limited agreed to acquire Mirantis on Tuesday in an all-stock deal valued at roughly $625 million. The deal adds a software and services layer to its AI cloud business as the company pivots away from being a pure-play bitcoin miner.

Mirantis specializes in cloud infrastructure software and Kubernetes-based tools that help companies "automate the deployment, scaling, and management of…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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