Iris Energy (IREN) Issues Business Update

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Go back to Iris Energy (IREN) Issues Business Update

IREN Business Update

March 31, 2025 6:26 AM EDT

Bitcoin Mining Expansion Paused at 52 EH/s

Progressing Debt Financing Workstreams

SYDNEY, March 31, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, IREN), today provided a business update and strategic outlook, highlighting momentum in its AI/HPC segments and an evolving capital allocation strategy aligned with current market conditions.

As we near completion of our 50 EH/s mining expansion, our focus is shifting... More