IREN Limited appoints Anthony Lewis as CFO, succeeding Belinda Nucifora, to enhance financial operations and capital markets strategy.
Quiver AI Summary
IREN Limited has appointed Anthony Lewis as the new Chief Financial Officer, effective immediately. Lewis, who joined the company in July 2025 as Chief Capital Officer, will oversee the company's financial operations, reporting, and strategic planning while continuing to manage capital markets strategies. His leadership is expected to further enhance IREN's growth, particularly in its AI Cloud business. Lewis succeeds Belinda Nucifora, who has served as CFO for 3.5 years and is credited with significant contributions during a transformative period for the company. IREN is notable for developing data centers powered by 100% renewable energy, focusing on Bitcoin mining, AI cloud services, and related technologies.
Potential Positives
- Appointment of Anthony Lewis as Chief Financial Officer is expected to enhance leadership in financial operations and strategic planning, leveraging his experience in capital markets.
- Mr. Lewis will drive the continued evolution of IREN's capital structure to support its growth trajectory, particularly in AI Cloud business expansion.
- IREN's solid foundation in renewable energy and secure power portfolio positions the company as a leader in next-generation data centers, critical for markets like Bitcoin and AI.
Potential Negatives
- Departure of the previous CFO, Belinda Nucifora, may indicate instability in the company's financial leadership.
- The press release does not provide details on the reasons for Ms. Nucifora's departure, which could raise concerns among investors and stakeholders about potential underlying issues.
- While Anthony Lewis has extensive experience, his transition from Chief Capital Officer to CFO may lead to concerns about whether he possesses a comprehensive understanding of the broader financial operations beyond capital markets.
FAQ
Who has been appointed as CFO of IREN Limited?
Anthony Lewis has been appointed as Chief Financial Officer of IREN Limited.
What was Anthony Lewis's role before becoming CFO?
Before becoming CFO, Anthony Lewis served as Chief Capital Officer leading IREN's capital markets strategy.
What are IREN's main business areas?
IREN specializes in Bitcoin mining, AI Cloud Services, and AI Data Centers utilizing renewable energy.
What accomplishments did Belinda Nucifora achieve as CFO?
Belinda Nucifora contributed to system strengthening and the transition to U.S. GAAP reporting during her tenure.
What is the focus of IREN's data centers?
IREN's data centers focus on power-dense computing applications powered by 100% renewable energy.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$IREN Congressional Stock Trading
Members of Congress have traded $IREN stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $IREN stock by members of Congress over the last 6 months:
- REPRESENTATIVE CLEO FIELDS purchased up to $50,000 on 07/10.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$IREN Hedge Fund Activity
We have seen 148 institutional investors add shares of $IREN stock to their portfolio, and 115 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC added 8,647,252 shares (+32777.1%) to their portfolio in Q2 2025, for an estimated $125,990,461
- BNP PARIBAS FINANCIAL MARKETS removed 7,298,836 shares (-99.9%) from their portfolio in Q2 2025, for an estimated $106,344,040
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP removed 5,684,836 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $34,620,651
- HOOD RIVER CAPITAL MANAGEMENT LLC added 5,094,572 shares (+inf%) to their portfolio in Q2 2025, for an estimated $74,227,914
- JANE STREET GROUP, LLC added 5,041,519 shares (+152.3%) to their portfolio in Q2 2025, for an estimated $73,454,931
- WALLEYE TRADING LLC removed 3,606,413 shares (-99.5%) from their portfolio in Q2 2025, for an estimated $52,545,437
- D. E. SHAW & CO., INC. removed 3,511,320 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $51,159,932
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$IREN Analyst Ratings
Wall Street analysts have issued reports on $IREN in the last several months. We have seen 5 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- HC Wainwright & Co. issued a "Buy" rating on 08/29/2025
- Canaccord Genuity issued a "Buy" rating on 08/29/2025
- Cantor Fitzgerald issued a "Overweight" rating on 08/29/2025
- B. Riley Securities issued a "Buy" rating on 08/29/2025
- Macquarie issued a "Outperform" rating on 08/29/2025
To track analyst ratings and price targets for $IREN, check out Quiver Quantitative's $IREN forecast page.
$IREN Price Targets
Multiple analysts have issued price targets for $IREN recently. We have seen 6 analysts offer price targets for $IREN in the last 6 months, with a median target of $34.5.
Here are some recent targets:
- Joseph Vafi from Canaccord Genuity set a target price of $37.0 on 08/29/2025
- Paul Golding from Macquarie set a target price of $33.0 on 08/29/2025
- Lucas Pipes from B. Riley Securities set a target price of $29.0 on 08/29/2025
- Brett Knoblauch from Cantor Fitzgerald set a target price of $41.0 on 08/29/2025
- Mike Colonnese from HC Wainwright & Co. set a target price of $36.0 on 08/29/2025
- Reginald Smith from JP Morgan set a target price of $16.0 on 07/28/2025
Full Release
NEW YORK, Sept. 08, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN” or “the Company”) today announced the appointment of Anthony Lewis as Chief Financial Officer.
Mr. Lewis joined IREN in July 2025 as Chief Capital Officer, leading the Company’s capital markets strategy and financing activities. In his new role as CFO, Mr. Lewis will continue to oversee these responsibilities while assuming leadership of the Company’s financial operations, reporting, and strategic planning.
“Anthony has been a great addition to the leadership team,” said Daniel Roberts, Co-Founder and Co-CEO of IREN. “He has already contributed to the accelerated expansion of our AI Cloud business, having overseen our recently announced GPU financings, and is leading the continued evolution of our capital structure to support our growth trajectory. His deep expertise in capital markets and financial management makes him ideally suited to lead our combined finance and capital markets function.”
Mr. Lewis succeeds Ms. Belinda Nucifora, who is departing after 3.5 years as CFO. “Belinda has made a tremendous contribution during a transformative period for IREN, and both Will and I are deeply appreciative of her contribution and commitment during this time,” said Mr. Roberts. “She has been instrumental in strengthening our systems and controls, enhancing processes, and overseeing the transition to U.S. GAAP reporting. Her efforts have laid strong foundations on which we will continue to build, and we wish Belinda the best in her future endeavors.”
Prior to joining IREN, Mr. Lewis held senior roles across financial markets, including 22 years at Macquarie Group, a global financial services and asset management firm, where he most recently served as Co-Treasurer, responsible for global funding, liquidity and capital management, and group financial planning and regulatory reporting.
About IREN
IREN is a leading developer, owner and operator of next-generation data centers powering the future of Bitcoin, AI and beyond utilizing 100% renewable energy including through the purchase of RECs. Strategically located in renewable-rich, fiber-connected regions across the U.S. and Canada, IREN’s large-scale, grid-connected facilities are purpose-built for the next generation of power-dense computing applications.
- Power & Land Portfolio : 2,910MW of grid-connected power secured across >2,000 acres in the U.S. and Canada, with an additional multi-gigawatt development pipeline.
- Next-Generation Data Centers : 810MW of operating data centers underpinning three verticals: Bitcoin Mining, AI Cloud Services and AI Data Centers.
- Bitcoin Mining : one of the world’s largest and lowest-cost Bitcoin producers with 50 EH/s of installed self-mining capacity.
- AI Cloud Services : delivering high performance cloud compute to AI customers with next-generation NVIDIA GPUs.
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AI Data Centers
: end-to-end design, construction and operation of data center infrastructure tailored for AI workloads.
Contacts
Media | Investors |
Megan Boles
Aircover Communications +1 562 537 7131 [email protected] |
Mike Power
IREN [email protected] |
Jon Snowball
Sodali & Co +61 477 946 068 +61 423 136 761 |