BNB$710.52-0.33%BRENT$108.24+0.57%BTC$76,721-0.21%COPPER$6.46-0.15%DJI$52,064-0.60%DOGE$0.0833-0.13%DXY99.11+0.07%ETH$2,442-0.35%GOLD$4,319+0.04%NDX$29,104-1.08%SILVER$63.37-0.27%SOL$99.04-0.18%SPX$7,592-0.58%US10Y4.94+2.21%VIX17.84+13.49%BNB$710.52-0.33%BRENT$108.24+0.57%BTC$76,721-0.21%COPPER$6.46-0.15%DJI$52,064-0.60%DOGE$0.0833-0.13%DXY99.11+0.07%ETH$2,442-0.35%GOLD$4,319+0.04%NDX$29,104-1.08%SILVER$63.37-0.27%SOL$99.04-0.18%SPX$7,592-0.58%US10Y4.94+2.21%VIX17.84+13.49%
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IREN Reports 82% Revenue from Bitcoin Amid AI Cloud Expansion

Key takeaways

  • Bitcoin miner IREN continues to derive 82% of its revenue from BTC, even as it aims for a $4 billion AI cloud run-rate target, up from $1 billion.
#Bitcoin#Mining#AI Cloud#IREN

Analysis

Bitcoin miner IREN continues to derive 82% of its revenue from BTC, even as it aims for a $4 billion AI cloud run-rate target, up from $1 billion.

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