Iren posts $247.8M loss as BTC revenues drop 22%
By Ä°layda Peker | 2026-05-08 00:40:59 | 4 months ago
🚨 IREN’s Q1 loss soared to $247.8 million as revenue from $BTC mining dropped 22%.
NVIDIA partnership includes $3.4 billion AI cloud deal and shares option.
📊 Key point: IREN eyes $3.7 billion revenue and 1,210 MW capacity by 2027.
Continue Reading: Iren posts $247.8M loss as BTC revenues drop 22% The post Iren posts $247.8M loss as BTC revenues drop 22% appeared first on COINTURK NEWS .
NVIDIA partnership includes $3.4 billion AI cloud deal and shares option.
📊 Key point: IREN eyes $3.7 billion revenue and 1,210 MW capacity by 2027.
Continue Reading: Iren posts $247.8M loss as BTC revenues drop 22% The post Iren posts $247.8M loss as BTC revenues drop 22% appeared first on COINTURK NEWS .
keywords : Bitcoin (BTC)
sentiment : NEGATIVE
category data : BTC | BUSINESS | MINING | CRYPTOCURRENCY