**[IREN Stock Soars as GPU Cluster Doubles to 23,000 Units]** According to a report by Jinse Finance, the Australia-based Bitcoin mining company announced on Monday that after acquiring an additional 12,400 GPUs, IREN has doubled its AI cloud computing capacity to 23,000 units. The company expects to achieve over $500 million in annualized revenue by the first quarter of 2026. Its stock price rose 9% in pre-market trading, nearing $42, continuing last week’s momentum when it broke $38 to reach a record high. The $674 million order includes 7,100 Nvidia B300 GPUs, 4,200 Nvidia B200 GPUs, and 1,100 AMD MI350X GPUs, expanding the company’s hardware lineup beyond Nvidia products. The new batch of equipment will bring IREN’s total GPU count to approximately 23,000 units, including 1,900 Nvidia H100 and H200 GPUs, 19,100 B200 and B300 GPUs, 1,200 GB300 GPUs, and 1,100 AMD MI350X GPUs. IREN stated that it is in discussions with clients for orders involving thousands of GPU clusters and noted that demand for computing power continues to exceed global supply, with clients increasingly signing contracts in advance of delivery.