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Bitcoin miner IREN still gets 82% of revenue from BTC after clearing room for Microsoft AI cloud

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Bitcoin miner IREN still gets 82% of revenue from BTC after clearing room for Microsoft AI cloud

The company’s $4 billion contracted AI run-rate target was four times the $1 billion operating level measured Aug. 26, with recognition still gated by delivery and customer acceptance. The post Bitcoin miner IREN still gets 82% of revenue from BTC after clearing room for Microsoft AI cloud appeared first on CryptoSlate.

Key Takeaways

  1. The company’s $4 billion contracted AI run-rate target was four times the $1 billion operating level measured Aug.
  2. 26, with recognition still gated by delivery and customer acceptance.
  3. The post Bitcoin miner IREN still gets 82% of revenue from BTC after clearing room for Microsoft AI cloud appeared first on CryptoSlate.
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Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.