Press Releases June 29, 2026 07:01 AM

IREN Added to Russell 1000 Index

IREN Limited joins the Russell 1000 Index, marking a key milestone in its U.S. expansion

By Leila Farooq
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IREN

IREN Limited has been officially added to the Russell 1000 Index following the FTSE Russell Indexes reconstitution. This inclusion reflects the company's growth in its U.S. operations and customer base, highlighting its position among the largest U.S. companies by market capitalization. IREN is a vertically integrated AI Cloud provider with a strong renewable energy infrastructure across multiple continents.

IREN Added to Russell 1000 Index
IREN
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Key Points

  • IREN included in the Russell 1000 Index, a key benchmark for large-cap U.S. stocks.
  • The company has been expanding its U.S. operations and customer base significantly.
  • IREN operates AI Cloud data centers powered by renewable energy across North America, Europe, and APAC.

NEW YORK, June 29, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced that it has been added to the Russell 1000 Index effective after market close on June 26, following the FTSE Russell Indexes reconstitution.

The Russell 1000 Index includes approximately 1,000 of the largest U.S. companies based on market capitalization and is widely used by investors as a benchmark for the performance of large-cap stocks.

Inclusion in the Russell 1000 Index represents an important milestone for IREN. It follows a period of continued expansion of IREN’s U.S. operations and customer base.

The Russell 1000 is managed by FTSE Russell, a global leader in index and analytics. Membership in the Russell 1000 Index is based on membership in the broad-market Russell 3000 Index.

About IREN

IREN is a vertically integrated AI Cloud provider, delivering large-scale data centers and compute for AI training and inference. IREN’s platform is underpinned by its expansive portfolio of grid-connected land and power in renewable-rich regions across North America, Europe and APAC.

Contacts

Investors
[email protected]

Media
[email protected]

Forward-Looking Statements

This news release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or IREN’s future financial or operating performance. Forward-looking statements include information concerning possible or assumed future results of operations, including descriptions of our business plan and strategies, revenue targets and trends we expect to affect our business. These statements often include words such as “anticipate,” “believe,” “may,” “can,” “should,” “could,” “might,” “plan,” “possible,” “project,” “strive,” “budget,” “forecast,” “expect,” “intend,” “target”, “will,” “estimate,” “predict,” “potential,” “continue,” “scheduled”. Forward-looking statements may also be made, verbally or in writing, by members of our Board or management team in connection with this news release.

These forward-looking statements are based on management’s current expectations and beliefs. These statements are neither promises nor guarantees, but involve and are subject to known and unknown risks, uncertainties and other important factors that may cause IREN’s actual results, performance or achievements to differ materially from any future results performance or achievements expressed or implied by the forward-looking statements, including IREN’s ability to successfully execute on its growth strategies and operating plans, achieve its targeted annualized AI Cloud revenue, continue to develop its existing data center sites, design and deploy direct-to-chip liquid cooling systems, and diversify and expand into the market for high performance computing solutions (including the market for cloud services and potential colocation services), along with other important factors discussed under the caption “Risk Factors” in IREN’s Annual Report on Form 10-K, filed with Securities and Exchange Commission (the “SEC”) on August 28, 2025 and our other filings with the SEC. These and other important factors could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any forward-looking statement included in this press release speaks only as of the date of such statement. Except as required by law, IREN disclaims any obligation to update or revise, or to publicly announce any update or revision to, any of the forward-looking statements, whether as a result of new information, future events or otherwise.


Risks

  • Execution risks related to growth strategies and operation plans as stated in forward-looking statements.
  • Competitive and technological challenges in the evolving AI Cloud and high-performance computing markets.
  • Risks associated with developing and deploying new technologies such as direct-to-chip liquid cooling and expansion into cloud and colocation services.

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