The rebound followed a sharp decline in the previous session, when the stock closed down 10.39% on Thursday.
Anthropic Data Center Tender Puts IREN in Spotlight
Investor sentiment also improved after The Australian Financial Review’s Street Talk reported that Anthropic is seeking at least 1.4 gigawatts of Australian data center capacity in a project valued at $12 billion to $15 billion.
The confidential tender includes IREN among a shortlist of bidders alongside CDC Data Centres, AirTrunk, NextDC and Stack Infrastructure.
Anthropic is targeting at least 1GW of operational capacity by the end of 2027 and may split the project among several providers rather than selecting a single partner.
