Post
taishiro
Meanwhile, Bitcoin mining revenue declined to $28M from $67M, while AI Cloud is increasingly driving the business.
The bigger story here is the speed of the transition. IREN is moving beyond its identity as a Bitcoin miner and building out a much larger AI infrastructure business, backed by long-term customer contracts, GPU deployments and significant revenue commitments.
Execution and delivery will matter more than headline projections from here.
#IRENQ1AICloudDelivery
taishiro
There's also tangible progress on the Microsoft partnership. Horizon 1 is now live, with NVIDIA Exemplar Cloud status on GB300 NVL72.
One adjustment to the timeline: IREN's fully funded $4B+ contracted ARR target has moved from year-end 2026 to January 2027, potentially extending into February, following a customer-requested network reconfiguration and supplier timing.
#IRENQ1AICloudDelivery
Disclaimer: de content op OKX Orbit dient uitsluitend ter informatie. Meer informatie
Reacties
Nog geen reacties. Reageer als eerste.
Marktbuzz van vandaag
1#BTC daalt onder $75.000 vóór de Amerikaanse CPI-publicatie in oktober
Populair
2#AI-aandelen corrigeren: UBS zegt dat posities worden aangepast, Bank of England waarschuwt voor crashrisico
Populair
3#Trump zegt dat de kans op een grootschalige aanval op Iran laag is, olieprijzen kelderen
