Australian Bitcoin miner IREN has declared fiscal year 2025 its “breakout year,” reporting a surge in revenue from $187.2 million to $501 …
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IREN
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Markets
IREN Posts First Full-Year Profit on AI Cloud Growth, Mining Expansion; Shares Climb
by shayaanby shayaanBitcoin (BTC) miner IREN (IREN) posted its first full-year profit as the company founded in 2018 expanded into AI cloud computing and …
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Mining
‘US tariffs on mining rigs are rising sharply’ as CleanSpark, IREN report massive liabilities
by shayaanby shayaanThe US-led trade war is having major repercussions for the Bitcoin mining industry, with looming disputes with Customs and Border Protection (CBP) …
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Shares in IREN Ltd popped 11.4% after the Bitcoin miner posted $86 million in revenue for July, outperforming industry heavyweight MARA Holdings …
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Mining
Bitcoin Miner MARA Holdings Upgraded to Overweight at JPMorgan; IREN and Riot Cut to Neutral
by shayaanby shayaanWall Street bank JPMorgan reshuffled ratings and price targets on a group of bitcoin miners to begin the week. Updating estimates for …
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Bitcoin BTC and AI data center operator IREN plans to raise $450 million through a private sale of convertible senior notes, the …
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Australia-based bitcoin miner IREN is redirecting its growth plans away from BTC mining and towards its AI data centers and AI cloud …
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Mining
Bitcoin Miner IREN Upgraded to Overweight, Cipher Mining Cut to Neutral: JPMorgan
by shayaanby shayaanWall Street bank JPMorgan (JPM) updated its bitcoin (BTC) miner price targets and estimates following fourth-quarter 2024 results and to account for …
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The total reported hash rate of public miners reached 318.09 EH/s at the end of 2024, accounting for over 35% of Bitcoin’s …
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Mining
Public Miners Surpass 35% of Bitcoin’s Total Hash Rate: MARA, CLSK and IREN Exceed 2024 Expansion Targets
by shayaanby shayaanThe total reported hash rate of public miners reached 318.09 EH/s at the end of 2024, accounting for over 35% of Bitcoin’s …
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