IREN acquires Spanish AI data center developer Nostrum Group as part of its expansion into AI-related infrastructure in Europe. Multiple reports describe the deal as IREN’s move beyond its earlier focus on cryptocurrency operations. The acquisition adds to IREN’s growing portfolio of data center and AI infrastructure projects in different regions, indicating a broader strategy to develop capacity for AI workloads rather than concentrating solely on bitcoin mining. The Spanish company Nostrum Group is characterized as an AI data center developer, and the transaction is presented as a step that strengthens IREN’s presence in Europe. The coverage is focused on the acquisition itself and the strategic rationale of geographic and business-line expansion. Details on deal structure, purchase price, and timelines are not provided in the excerpts supplied. Overall, the articles agree that the acquisition is central to IREN’s shift toward AI infrastructure and that it extends the company’s project pipeline across continents.