Pre-market rose more than 10%, IREN (IREN.US) spent $670 million to purchase NVIDIA and AMD GPUs.

According to the Wise Finance and Economics APP, data center operator and Bitcoin mining company IREN Limited (IREN.US) announced on Monday that it has invested approximately $670 million to purchase GPUs from NVIDIA (NVDA.US) and AMD (AMD.US) to accelerate its growth in the artificial intelligence cloud business.