EconomyIREN’s bitcoin mining revenue falls 58% as it plans full exit by year-end

IREN’s bitcoin mining revenue fell 58%, and the company plans to leave the business entirely by year-end. It has been shifting toward AI infrastructure, with AI cloud revenue rising 182% to $200 million in the past quarter.

IRENBitcoin miningAI infrastructure

TThe Block★★☆☆☆2026-11-06 04:29Original