Iris Energy Ltd (IREN) News

Iris Energy Ltd (IREN): $12.97

0.04 (-0.31%)

POWR Rating

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B

Stability

F

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F

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Latest IREN News From Around the Web

Below are the latest news stories about IREN LTD that investors may wish to consider to help them evaluate IREN as an investment opportunity.

Iris Energy Boosts Bitcoin Mining Capacity and Expands AI Services

Iris Energy ( (IREN) ) has provided an update. In December 2024, Iris Energy reported a significant increase in Bitcoin mining capacity and efficiency, achieving a 450% growth in hashrate and a hardware profit margin of 77%. The company mined 529 Bitcoins in December, generating $52.1 million in revenue, and is on track to expand its capacity to 50 EH/s by the first half of 2025. Additionally, the company continued its expansion in AI and HPC services, enhancing its market positioning with the i

Yahoo | January 8, 2025

High Growth Tech Stocks to Watch in January 2025

The United States market has shown robust performance recently, with a 1.3% increase over the last week and a significant 24% rise over the past year, while earnings are anticipated to grow by 15% annually. In this dynamic environment, identifying high growth tech stocks involves looking for companies that demonstrate strong potential for revenue expansion and innovation in line with these positive market trends.

Yahoo | January 7, 2025

IREN Limited (IREN): A Bull Case Theory

We came across a bullish thesis on IREN Limited (NASDAQ:IREN) on Twitter by FransBakker9812. In this article, we will summarize the bulls’ thesis on IREN. IREN Limited (NASDAQ:IREN)’s share was trading at $10.46 as of Jan 2nd. IREN’s trailing and forward P/E were 2.15 and 133.33 respectively according to Yahoo Finance. IREN Ltd recently registered a new […]

Yahoo | January 3, 2025

Is IREN Ltd. (IREN) the Biggest Loser of This Week?

We recently compiled a list of the 10 Biggest Losers of This Week. In this article, we are going to take a look at where IREN Ltd. (NASDAQ:IREN) stands against the other stocks. Wall Street’s main indices all finished in the green during a shortened trading session this week, yet 10 companies–mainly technology stocks– still booked […]

Yahoo | December 26, 2024

The Zacks Analyst Blog Highlights CRPT, NVIDIA, Interactive Brokers, Mastercard and Iris Energy

CRPT, NVIDIA, Interactive Brokers, Mastercard and Iris Energy are part of the Zacks top Analyst Blog.

Yahoo | December 24, 2024

IREN Limited Exceeds Year-End Capacity Target, Eyes Further Expansion

The latest update is out from Iris Energy ( (IREN) ). IREN Limited has surpassed its initial year-end target by achieving a self-mining capacity of 31 EH/s, significantly exceeding the original goal of 20 EH/s. With plans to expand to 50 EH/s by the first half of 2025, the company is leveraging its increased data center capacity and secured equipment to maintain its growth trajectory, positioning itself as a leading player in the Bitcoin mining industry. More about Iris Energy IREN Limited is a

Yahoo | December 24, 2024

5 Best Performing Stocks of the Top ETF of 2024

CRPT is the best performing ETF of 2024. Let us find out the stocks that made it a top performer.

Yahoo | December 23, 2024

Is IREN Limited (IREN) the Crypto Stock with the Biggest Upside Potential?

We recently published a list of 12 Crypto Stocks with the Biggest Upside Potential. In this article, we are going to take a look at where IREN Limited (NASDAQ:IREN) stands against other crypto stocks with the biggest upside potential. Bitcoin Continues Its All-Time Highs On December 16, Bitcoin reached another all-time high, soaring above $107,000 […]

Yahoo | December 20, 2024

Iris Energy Reports Q1 FY25 Results: Accelerates Bitcoin Mining Expansion and Sees Growth in AI Cloud Services

IREN is a leading publicly-traded Bitcoin miner that is diversifying its revenue sources beyond Bitcoin mining.

Yahoo | December 17, 2024

IREN price target raised to $25 from $20 at Roth MKM

Roth MKM raised the firm’s price target on IREN (IREN) to $25 from $20 and keeps a Buy rating on the shares following the company’s November update. IREN’s hash rate expanded 33% to 28 EH/s and 31 EH/s in the coming weeks, and while a possible Bitmain ban could be a hiccup, the scale and relationships IREN has likely enable the company to seek other suppliers to fulfill the needed 19 EH/s to avoid energization delay, the analyst tells investors in a research note. Published first on TheFly – the

Yahoo | December 12, 2024


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