IREN Stock Recent News

IREN (NASDAQ:IREN) – a Bitcoin mining data center operator that utilizes renewable energy sources such as solar and wind – has witnessed an impressive stock increase of nearly 80% over the last month. This notable rise can be linked to several recent positive events:

SYDNEY, July 07, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN ) (together with its subsidiaries, “IREN” or “the Company”), today published its monthly update for June 2025.

New B200 & B300 fleet lifts total to 4.3k GPUs, unlocking next-gen training and inference at scale New B200 & B300 fleet lifts total to 4.3k GPUs, unlocking next-gen training and inference at scale

IREN combines massive renewable-powered Bitcoin mining with a fast-growing AI cloud business, leveraging low-cost hydro and wind energy for industry-leading margins. The company's strategic shift to AI compute, capped Bitcoin expansion, and disciplined capital allocation create a dual-engine growth profile with significant upside potential. Strong financials—high EBITDA margins, no debt, and robust cash flow—support continued expansion and highlight a valuation discount versus peers despite superior fundamentals.

IREN mined 1,514 Bitcoin in Q3 FY25, generating $141.2 million revenue at an average realized price of $93K per coin. All-in cash cost per Bitcoin mined was approximately $41K, supporting strong hardware margins with low-cost renewable power in Texas and Canada. AI Cloud Services posted $3.6 million revenue in Q3 with 97% hardware gross margin and a $28–33 million annualized run-rate.

SYDNEY, July 01, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) today announced the appointment of Anthony Lewis as Chief Capital Officer, a newly established role responsible for overseeing the Company's capital markets activity.

In this video, I will be talking about Iren (IREN 4.07%), a Bitcoin mining and AI cloud company. Watch the short video to learn more, consider subscribing, and click the special offer link below.

SYDNEY, June 30, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced it has reached its mid-year target of 50 EH/s installed self-mining capacity. Daniel Roberts, Co-Founder and Co-CEO of IREN, commented: “Reaching 50 EH/s is a defining milestone and a testament to our ability to rapidly deliver complex energy and data center infrastructure.

Crypto stocks COIN, HOOD, HUT, IREN, MARA rally as Trump's ceasefire deal, a new Senate bill to reduce SEC oversight and stablecoin bill fuel sector optimism.

I am bullish on IREN due to its industry-leading bitcoin mining efficiency and ability to maintain low production costs amid rising competition and energy prices. IREN's strategic diversification into AI cloud services and HPC solutions positions it for resilient growth beyond bitcoin mining, capitalizing on higher CAGR opportunities in AI. Financially, IREN boasts strong revenue growth, robust liquidity, and a manageable debt profile, supporting continued expansion and operational flexibility.