Finance News – Iren
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Bitcoin Miner MARA Holdings Upgraded to Overweight at JPMorgan; IREN and Riot Cut to Neutral
JPMorgan's revised projections for cryptocurrency mining companies incorporate recent quarterly results and fluctuations in network performance, influencing the investment outlook...
Read Full Article →IREN, BitFuFu notch June records as mining sector shows mixed signals
IREN achieved its highest monthly revenue of $68 million and hardware profits reached $51 million in June, highlighting notable financial performance amidst varied developments in...
Read Full Article →Bitcoin Miner IREN Hits 50 EH/s Midyear Hashrate Target, Eyes AI Expansion
IREN's achievement of reaching 50 EH/s in hashing power marks a major milestone, enhancing its position in digital currency mining while supporting future growth through planned AI...
Read Full Article →Bitcoin miner IREN unveils proposed $450 million convertible notes offering
IREN’s plan to raise $450 million through convertible notes aims to enhance its financial flexibility, partly by engaging in capped call and prepaid forward transactions to manage...
Read Full Article →