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IREN Posts First Full-Year Profit on AI Cloud Growth, Mining Expansion; Shares Climb
coindesk.com/business/2025/08/29/iren-posts-first-full-year-profit-on-ai-cloud-growth-mining-expansion-shares-climb
miner IREN (IREN) posted its first full-year profit as the company founded in 2018 expanded into AI cloud computing and ramped up production capacity with more efficient rigs. The stock climbed in pre-market trading.
Net income in the year ended June 30 rose to $86.9 million from a loss…
This story appeared on coindesk.com, 2025-08-29 08:36:24.