IREN Awards Co-CEOs $700M Stock Package as Bitcoin Miner Expands AI Strategy

IREN has approved a long-term equity compensation package worth approximately $700 million for its co-founders and co-CEOs, Daniel and William Roberts, as the Bitcoin mining company continues its transition toward AI infrastructure. The board authorized 18.2 million restricted stock units (RSUs), with each executive receiving 9,099,328 units on June 30. The award represents roughly 5% of the company and is structured to promote long-term leadership, extending through fiscal 2033. The RSUs will vest over four years, while each vested tranche will remain subject to a two-year restriction before…  Read more

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