<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13G/A</submissionType>
    <previousAccessionNumber>0001140361-22-005077</previousAccessionNumber>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: Roberts William Gregory -->
          <cik>0001909308</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>2</amendmentNo>
      <securitiesClassTitle>Ordinary Shares</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>06/30/2025</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001878848</issuerCik>
        <issuerName>IREN Limited</issuerName>
        <issuerCusip>Q4982l109</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>Level 6, 55 Market Street</com:street1>
          <com:city>Sydney, NSW</com:city>
          <com:stateOrCountry>C3</com:stateOrCountry>
          <com:zipCode>2000</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(d)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>The Awassi Capital Trust #1</reportingPersonName>
      <citizenshipOrOrganization>C3</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>6251247.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>6251247.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>6251247.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>2.41</classPercent>
      <typeOfReportingPerson>OO</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Awassi Capital Holdings 1 Pty Ltd (ACN 629 820 499)</reportingPersonName>
      <citizenshipOrOrganization>C3</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>6251247.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>6251247.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>6251247.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>2.41</classPercent>
      <typeOfReportingPerson>CO</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>William Gregory Roberts</reportingPersonName>
      <citizenshipOrOrganization>C3</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>6251247.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>6251247.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>6251247.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>2.41</classPercent>
      <typeOfReportingPerson>IN</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>IREN Limited</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>Level 6, 55 Market Street Sydney, NSW C3 2000</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>The Awassi Capital Trust #1

Awassi Capital Holdings 1 Pty Ltd (CAN 629 820 499) ("Awassi Capital 1")

William Gregory Roberts</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>c/o IREN Limited
Level 6, 55 Market Street
Sydney, NSW 2000 Australia</principalBusinessOfficeOrResidenceAddress>
        <citizenship>Each of The Awassi Capital Trust #1 and Awassi Capital 1 is organized under the laws of Australia. Mr. Roberts is a citizen of Australia.</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>Y</notApplicableFlag>
      </item3>
      <item4>
        <amountBeneficiallyOwned>The Awassi Capital Trust #1: 6,251,247
Awassi Capital Holdings 1 Pty Ltd (ACN 629 820 499): 6,251,247
William Gregory Roberts: 6,251,247</amountBeneficiallyOwned>
        <classPercent>The Awassi Capital Trust #1: 2.41%
Awassi Capital Holdings 1 Pty Ltd (ACN 629 820 499): 2.41%
William Gregory Roberts: 2.41%</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>The Awassi Capital Trust #1: 0
Awassi Capital Holdings 1 Pty Ltd (ACN 629 820 499): 0
William Gregory Roberts: 0</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>The Awassi Capital Trust #1: 6,251,247
Awassi Capital Holdings 1 Pty Ltd (ACN 629 820 499): 6,251,247
William Gregory Roberts: 6,251,247</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>The Awassi Capital Trust #1: 0
Awassi Capital Holdings 1 Pty Ltd (ACN 629 820 499): 0
William Gregory Roberts: 0</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>The Awassi Capital Trust #1: 6,251,247
Awassi Capital Holdings 1 Pty Ltd (ACN 629 820 499): 6,251,247
William Gregory Roberts: 6,251,247</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>N</notApplicableFlag>
        <classOwnership5PercentOrLess>Y</classOwnership5PercentOrLess>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>Y</notApplicableFlag>
      </item10>
    </items>
    <exhibitInfo>Joint Filing Agreement</exhibitInfo>
    <signatureInformation>
      <reportingPersonName>The Awassi Capital Trust #1</reportingPersonName>
      <signatureDetails>
        <signature>/s/ William Gregory Roberts</signature>
        <title>Director</title>
        <date>07/03/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Awassi Capital Holdings 1 Pty Ltd (ACN 629 820 499)</reportingPersonName>
      <signatureDetails>
        <signature>/s/ William Gregory Roberts</signature>
        <title>Director</title>
        <date>07/03/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>William Gregory Roberts</reportingPersonName>
      <signatureDetails>
        <signature>/s/ William Gregory Roberts</signature>
        <title>William Gregory Roberts</title>
        <date>07/03/2025</date>
      </signatureDetails>
    </signatureInformation>
  </formData>

</edgarSubmission>
