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IREN Mining Revenue Falls 58% as AI Sales Reach $200 Million

Summary by BITRSS

IREN aims to substantially complete its mining transition by December, while its $4 billion AI revenue run-rate target moves into early 2027.

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5 Articles

coinotag.com

IREN's Mining Revenue Fell by 88 Percent to $28 Million in Its Quarterly Report.

For IREN Limited (IREN), Bitcoin mining is now a secondary business.

6 hours ago

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BTC-ECHO

Bitcoin Mining Is No Longer Worth It? A Group Ends

A year ago Bitcoin-Mining was still the core business. In the meantime it contributes only 7.5 percent to sales. Now the company pulls the tear line. Source: BTC-ECHO BTC-ECHO

1 day ago

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The Defiant

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BITRSS

IREN Mining Revenue Falls 58% as AI Sales Reach $200 Million

IREN aims to substantially complete its mining transition by December, while its $4 billion AI revenue run-rate target moves into early 2027.... Read the full story at The Defiant

1 day ago

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BizToc

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.

1 day ago

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BizToc broke the news 1 day ago on Friday, November 6, 2026.

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IREN Mining Revenue Falls 58% as AI Sales Reach $200 Million

5 Articles

5 Articles

IREN's Mining Revenue Fell by 88 Percent to $28 Million in Its Quarterly Report.

Bitcoin Mining Is No Longer Worth It? A Group Ends

IREN Mining Revenue Falls 58% as AI Sales Reach $200 Million

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

Coverage Details

Bias Distribution

Factuality

Ownership

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IREN Mining Revenue Falls 58% as AI Sales Reach $200 Million

5 Articles

5 Articles

Translate IconIREN's Mining Revenue Fell by 88 Percent to $28 Million in Its Quarterly Report.

Translate IconBitcoin Mining Is No Longer Worth It? A Group Ends

IREN Mining Revenue Falls 58% as AI Sales Reach $200 Million

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

Coverage Details

Bias Distribution Too Big Arrow Icon

Factuality Info Icon

Ownership

More stories like this

IREN Sinks 9% After Report Links It to Microsoft's AI Spending Delay; Nebius Tumbles 11%, CoreWeave Slides 7%

IREN Tops Quarterly Revenue Estimates, Delays some Microsoft AI Infrastructure Deliveries

Stock Market Today, Nov. 6: Iren Soars 20% on Strong AI Cloud Revenue Growth

Microsoft Design Change Delays Iren's Data Center Delivery in Texas

Bitcoin Slides to a Seven-Week Low Near $75,200 as AI Stocks Drag Wall Street Lower

Arthur Hayes Warns Bitcoin Could Fall as AI Giants Face Massive Share Selloffs

Similar News Topics

Similar News Topics

More stories like this

IREN Sinks 9% After Report Links It to Microsoft's AI Spending Delay; Nebius Tumbles 11%, CoreWeave Slides 7%

IREN Tops Quarterly Revenue Estimates, Delays some Microsoft AI Infrastructure Deliveries

Stock Market Today, Nov. 6: Iren Soars 20% on Strong AI Cloud Revenue Growth

Microsoft Design Change Delays Iren's Data Center Delivery in Texas

Bitcoin Slides to a Seven-Week Low Near $75,200 as AI Stocks Drag Wall Street Lower

Arthur Hayes Warns Bitcoin Could Fall as AI Giants Face Massive Share Selloffs

IREN's Mining Revenue Fell by 88 Percent to $28 Million in Its Quarterly Report.

Bitcoin Mining Is No Longer Worth It? A Group Ends

Bias Distribution

Factuality