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Iris Energy ( (IREN) ) just unveiled an update.
On February 12, 2025, IREN Limited announced its financial results for the three and six months ended December 31, 2024, reporting record revenue and operating cash flow. The company unveiled strategic growth initiatives, including a new liquid-cooled data center for AI/HPC and the development of a large-scale data center hub. These efforts aim to enhance IREN’s operational efficiency and market presence, with significant implications for stakeholders as they expand Bitcoin mining capabilities and leverage strategic investments to drive future growth.
More about Iris Energy
IREN Limited is a company engaged in the technology industry, focusing on data centers and Bitcoin mining operations. The company is known for its scalable and efficient data center solutions, particularly in liquid-cooled deployments and Bitcoin mining, with a market focus on high-performance computing and energy-efficient operations.
YTD Price Performance: 18.74%
Average Trading Volume: 17,059,940
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.52B
For detailed information about IREN stock, go to TipRanks’ Stock Analysis page.
