Representative Dale Strong disclosed his first-ever stock trade, reporting a purchase of shares in IREN Limited ($IREN), a data center company focused on power-dense computing infrastructure.
- The filing shows a single stock purchase between $1,000 and $15,000 in IREN, marking the first trade ever reported by Rep. Strong.
- Strong serves on the House Appropriations Committee, which is responsible for setting federal government spending levels.
- IREN operates grid-connected data centers designed for high-performance computing, including cryptocurrency mining, and emphasizes renewable energy use.
- Throughout last year, Rep. Cleo Fields also purchased IREN shares, representing the first congressional trade in the company at the time. He's made returns of well over 100% on IREN.
- Iris Energy ($IREN), was incorporated in 2018 and is headquartered in Sydney, Australia.
Relevant Companies
- IREN Limited ($IREN) – Congressional trading disclosures have drawn attention to the company’s data center and renewable energy-focused operations.
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