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IREN's Mega GPU Purchase, More Cash For Humanoid Robotics, And Tether's New Partnership For Bitcoin Mining

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July 05, 2025

IREN Is Ramping Up Their Bet On Hardware For AI Compute

IREN (NASDAQ: IREN) purchased 2,400 Nvidia (NASDAQ: NVDA) GPUs to install at their Prince George, British Columbia data centre for high performance computing. IREN has publicly stated that this data centre campus has the capacity to eventually host up to 20,000 Blackwell GPUs at full capacity.

Galbot Raises New Mega Round For Humanoid Robots

Galbot raised $153 million in a Series A financing round led by lithium-ion battery giant CATL. Galbot’s flagship humanoid robot known as the G1 is one of the most advanced robots for handling packages and inventory automation and is capable of identifying more than 5,000 unique items.

Tether Is Partnering With A Publicly Traded Dairy Company For Bitcoin Mining

Adecoagro (NYSE: AGRO) officially partnered with Tether to explore ways to convert excess renewable energy into power from their dairy farming operations for Bitcoin mining. The new joint venture between the companies will leverage Tether’s proprietary Mining OS software platform which is purpose built for managing large scale Bitcoin mining operations.

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