Recent weakness in bitcoin mining stocks ahead of the reward halving offers an attractive entry point for investors, the report said.
SYDNEY, Australia, April 08, 2024 (GLOBE NEWSWIRE) -- IREN (Iris Energy Limited) (NASDAQ: IREN) (together with its subsidiaries, "IREN" or “the Company”), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today provided a business update. Key Highlights Previously announced 3-month AI cloud services agreement with leading AI company, poolsideAgreement is now upsized from 248 to 504 NVIDIA H100 GPUs following successful initial deploymentAdditional 4-mo
SYDNEY, Australia, April 04, 2024 (GLOBE NEWSWIRE) -- IREN (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today published a monthly investor update for March 2024. Key Highlights Bitcoin MiningAI Cloud Services 353 Bitcoin mined in March8 EH/s operating, 20 EH/s in 2024Expansion fully funded NVIDIA H100 GPUs 248 operating568 commissioning Customer negotiations in progress Data