IREN acquires Mirantis for $625M

Mirantis develops cloud infrastructure and container management software for organizations to build, operate, and scale applications. On May 5, 2026, IREN announced it would acquire Mirantis for $625M (stock). IREN operates as a Bitcoin mining company expanding into vertically integrated AI cloud infrastructure. At the middle of Crunchbase's revenue estimate ($100M to $500M) the price works out to roughly 3× revenue.

0Share to feed

Paid members see the full deals desk — every AI round and exit, filterable by type, sector and country, with investors and reported ARR, plus CSV exports. Developer membership is $9/mo.

See plans →Log in

Discussion · 0

Create a free account to join the discussion.

Salesforce to buy AI customer-research startup Listen Labs in a reported $2B deal

Every AI deal, decoded — free for members

Members get unlimited reads, can save and upvote, and see who else is building in the same space. Launch beta: free accounts created before Oct 20 get every paid feature — 82 of 100 slots left.

Create your free account Log in