Finance Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail Most Influential: Will and Dan Roberts The Finance Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail Most Influential: Will and Dan Roberts The

Most Influential: Will and Dan Roberts

Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail

Most Influential: Will and Dan Roberts

The co-founders and co-CEOs of IREN Limited have transformed the bitcoin mining firm into an AI infrastructure powerhouse.

By James Van Straten|Edited by Cheyenne Ligon
Updated Dec 18, 2025, 3:13 p.m. Published Dec 18, 2025, 3:00 p.m.

Daniel and Will Roberts, co-founders and co-CEOs of IREN Limited (IREN), have positioned the company at the center of the AI infrastructure boom by transforming its bitcoin mining assets into high-performance data centers for artificial intelligence.

This feature is a part of CoinDesk's Most Influential 2025 list.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Sign me up

Founded in 2018 as a renewable energy-powered bitcoin miner in Canada, IREN anticipated that the real opportunity would lie in supplying affordable, reliable compute for AI. That vision is now taking shape.

In full fiscal year 2025 (FY25), IREN tripled its operating capacity to 810MW, grew revenue 168% to $501 million, and reached a record 50 EH/s in bitcoin output.

IREN’s pivot into AI cloud services gained momentum with a $9.7 billion, five-year contract with Microsoft, which includes a 20% prepayment (about $1.9 billion) for GPU capacity at IREN’s Horizon 1 data center in Texas. The company is now targeting $3.4 billion in AI Cloud annualized run-rate revenue (ARR) by the end of 2026, supported by a planned 140,000 GPU buildout and a 2GW Sweetwater AI campus set for completion in 2027.

IREN shares had risen more than 500% in 2025, reflecting its evolution from bitcoin miner to AI powerhouse.

Bitcoin MiningAICoinDesk Most Influential 2025

More For You

Protocol Research: GoPlus Security

Commissioned byGoPlus

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
View Full Report

More For You

DAWN raises $13M to expand decentralized broadband networks

The decentralized wireless protocol plans U.S. expansion and new international deployments as investors back a user-owned alternative to legacy internet providers.

What to know:

  • DAWN raised $13 million in a Series B led by Polychain Capital.
  • The protocol enables individuals and organizations to own and monetize wireless broadband infrastructure.
  • New funding will support U.S. growth and international rollouts.
Read full story
Latest Crypto News

Gold, silver shine in debasement trade as bitcoin is left behind

DAWN raises $13M to expand decentralized broadband networks

Coinbase shares rise as ‘ambitious expansion’ wins analyst praise

PayPal to use PYUSD stablecoin to fund AI infrastructure through USD.AI

Most Influential: Dennis Porter

Most Influential: Javier Pérez-Tasso

Top Stories

Coinbase shares rise as ‘ambitious expansion’ wins analyst praise

Gold, silver shine in debasement trade as bitcoin is left behind

U.S. inflation data surprises, with CPI higher by just 2.7% in November

Trump Media stock surges 25% on merger agreement with nuclear fusion firm TAE Technologies

PayPal to use PYUSD stablecoin to fund AI infrastructure through USD.AI

SoFi unveils the first bank-issued stablecoin for enterprise payments

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Thyroid Eye Disease (TED) Treatments Market Nears $4.3 Billion by 2032: Emerging Small Molecule Therapies Targeting Orbital Fibroblasts Drive Revenue Growth – ResearchAndMarkets.com

Thyroid Eye Disease (TED) Treatments Market Nears $4.3 Billion by 2032: Emerging Small Molecule Therapies Targeting Orbital Fibroblasts Drive Revenue Growth – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Thyroid Eye Disease Treatments Market – Global Forecast 2025-2032” report has been added to ResearchAndMarkets.com’s offering. The thyroid
Share
AI Journal2025/12/20 04:48
Virtus Equity & Convertible Income Fund Announces Special Year-End Distribution and Discloses Sources of Distribution – Section 19(a) Notice

Virtus Equity & Convertible Income Fund Announces Special Year-End Distribution and Discloses Sources of Distribution – Section 19(a) Notice

HARTFORD, Conn.–(BUSINESS WIRE)–Virtus Equity & Convertible Income Fund (NYSE: NIE) today announced the following special year-end distribution to holders of its
Share
AI Journal2025/12/20 05:30
Fed rate decision September 2025

Fed rate decision September 2025

The post Fed rate decision September 2025 appeared on BitcoinEthereumNews.com. WASHINGTON – The Federal Reserve on Wednesday approved a widely anticipated rate cut and signaled that two more are on the way before the end of the year as concerns intensified over the U.S. labor market. In an 11-to-1 vote signaling less dissent than Wall Street had anticipated, the Federal Open Market Committee lowered its benchmark overnight lending rate by a quarter percentage point. The decision puts the overnight funds rate in a range between 4.00%-4.25%. Newly-installed Governor Stephen Miran was the only policymaker voting against the quarter-point move, instead advocating for a half-point cut. Governors Michelle Bowman and Christopher Waller, looked at for possible additional dissents, both voted for the 25-basis point reduction. All were appointed by President Donald Trump, who has badgered the Fed all summer to cut not merely in its traditional quarter-point moves but to lower the fed funds rate quickly and aggressively. In the post-meeting statement, the committee again characterized economic activity as having “moderated” but added language saying that “job gains have slowed” and noted that inflation “has moved up and remains somewhat elevated.” Lower job growth and higher inflation are in conflict with the Fed’s twin goals of stable prices and full employment.  “Uncertainty about the economic outlook remains elevated” the Fed statement said. “The Committee is attentive to the risks to both sides of its dual mandate and judges that downside risks to employment have risen.” Markets showed mixed reaction to the developments, with the Dow Jones Industrial Average up more than 300 points but the S&P 500 and Nasdaq Composite posting losses. Treasury yields were modestly lower. At his post-meeting news conference, Fed Chair Jerome Powell echoed the concerns about the labor market. “The marked slowing in both the supply of and demand for workers is unusual in this less dynamic…
Share
BitcoinEthereumNews2025/09/18 02:44