IREN
Iren
IREN's AI Cloud Pivot Backed by $5.8B Investment Targets $3.7B Revenue
IREN (NASDAQ:IREN) transitions from Bitcoin mining to AI cloud services, aiming for $3.7B revenue with Microsoft partnership and GPU expansion.
Iren
Iris Energy to eliminate mining equipment following $108M loan default
Iris Energy reduced mining power by 3.6 EH/s. On Nov. 21, it disconnected equipment used as collateral for a $107.8 million loan. The corporation just got a $103 million default notice. High hash rates, high energy costs, and poor pricing threaten Bitcoin miners.
Iren
The First Crypto Miner ETF Unveils in Australia
Australian Bitcoin miner Iris Energy applies for IPO on the Nasdaq. The stock code is "IREN". Reportedly, $100 million has been raised.