[Mining Company IREN Announces $9.7 Billion AI Cloud Computing Contract with Microsoft] BlockBeats News, November 3, Bitcoin mining company IREN announced the signing of a $9.7 billion AI cloud computing contract with Microsoft. The main details of the deal are as follows: Total contract value: $9.7 billion Average term: 5 years 20% upfront payment Data center capacity: 200 MW (IT load) Deployed equipment: NVIDIA GB300 GPU