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IREN’s bitcoin mining revenue drops 58% as firm plans full exit by year-end

The Block
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IREN’s bitcoin mining revenue drops 58% as firm plans full exit by year-end

IREN has been shifting its focus to the AI infrastructure business, and its AI cloud revenue rose 182% in the past quarter to $200 million.

Key Takeaways

  1. IREN has been shifting its focus to the AI infrastructure business, and its AI cloud revenue rose 182% in the past quarter to $200 million.
  2. Read the full article for additional context and details.
  3. Read the full article for additional context and details.
Read Full Article on The Block

Summary generated by IndiCrypto from The Block. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.

IREN’s bitcoin mining revenue drops 58% as firm plans full exit by year-end | IndiCrypto