IREN (IREN) Limited published its monthly update for May 2025. May Highlights: Record monthly revenue and hardware profit; $1.6m daily hardware profit in May; On track for 50 EH/s by June 30; AI Cloud Services revenue continuing to scale; Horizon 1 AI Data Center on track for Q4 ’25 delivery; Customer and financing workstreams progressing; Transitioning to US domestic issuer status from July 1
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Read More on IREN:
- Iris Energy call volume above normal and directionally bullish
- Unusually active option classes on open May 22nd
- Moderately bullish activity in Iris Energy (IREN), with shares up $0.25 (+2.97%) near $8.66
- Iris Energy Ltd. Reports Record Revenue and Strategic Growth
- IREN price target raised to $15 from $14 at B. Riley
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