币界网报道：IREN Limited's stock surged 94% amid soaring demand for renewable energy solutions, driven by global decarbonization efforts and favorable policy tailwinds. The Bitcoin mining and renewable energy firm reported record revenue growth in Q3, with its data center capacity expanding to 1.3GW across North America. CEO Daniel Roberts attributed the performance to "strategic positioning in energy-abundant regions and industry-leading power efficiency of 24.5J/TH." The company's proprietary immersion cooling technology reduced energy consumption by 30% compared to traditional air-cooled systems. IREN secured new power purchase agreements (PPAs) with wind and solar farms in Texas and Alberta, locking in electricity prices below $0.035/kWh through 2026. Analysts note the stock rally reflects growing institutional interest in vertically-integrated crypto miners with renewable energy assets. The firm maintains its 2024 guidance of 20EH/s hashrate capacity and $450M EBITDA, with plans to deploy 760PH/s of new mining rigs in Q4. Short interest declined to 12% of float as hedge funds covered positions following the earnings beat. IREN shares now trade at 8.2x forward EBITDA versus sector average of 5.3x, with Morgan Stanley upgrading to "Overweight" citing "best-in-class ESG metrics in digital infrastructure." The company will host an investor day on November 15 to showcase its 400MW expansion project in West Texas.