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IREN News and Press, Iris Energy Limited From 08/12/22

Stock Information

Company Name: Iris Energy Limited
Stock Symbol: IREN
Market: NASDAQ
Website: irisenergy.co

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IREN - Conifer, Offerpad Solutions leads financial gainers; Magic Empire, TOP Financial among major losers

Gainers: Conifer ( CNFR ) +49%, Offerpad Solutions ( OPAD ) +23%, Hut 8 Mining ( HUT ) +13%, eHealth ( EHTH ) +13%, NerdWallet ( NRDS ) +10% . Losers: MAGIC EMPIRE GLOBAL ( MEGL ) -21%, TOP Financial ( TOP ) -22%, Iri...

IREN - Riot Blockchain's Dilution-Based Growth And Q2 2022 Expectations

We establish our thesis that RIOT's growth and operations are sustained through dilution, which saw a 40% increase in shares outstanding since 2021Q1. RIOT is on the verge of a vicious cycle of selling more Bitcoins and shares for less cash, citing more severe dilution ahead. Upco...

IREN - Iris Energy mines 4.1% more bitcoins in July than prior month

Iris Energy ( NASDAQ: IREN ) produced 154 bitcoins ( BTC-USD ) in July vs. 148 in June, though its average operating hashrate slumped at the time. The M/M boost in bitcoin ( BTC-USD ) production was mostly due to a decline in the average difficulty-implied global...

IREN - Iris Energy Announces Monthly Investor Update for July 2022

Operating capacity doubled to >2.3 EH/s Mackenzie (50MW) commissioned ahead of schedule Miner deliveries during 2022 increased from 4.3 EH/s to 6.0 EH/s SYDNEY, Australia, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (“Iris Energy&#x...

IREN - Iris Energy gains on doubling operating capacity to more than 2.3 EH/s

Iris Energy ( NASDAQ: IREN ) announced it has approximately doubled its operating capacity to exceed 2.3 EH/s as it recently energized the remainder of the first 1.5 EH/s at its second operating site in Mackenzie, BC (Canada), which marks delivery of phase two of the...

IREN - TOP Financial, Magic Empire Global leads financial gainers; AMTD IDEA, Yiren Digital among major losers

Gainers: TOP Financial ( TOP ) +93%, MAGIC EMPIRE GLOBAL ( MEGL ) +42%, Professional ( PFHD ) +29%, Redfin ( RDFN ) +15%, Iris Energy ( IREN ) +13% . Losers: AMTD IDEA ( AMTD ) -20%, Yiren Digital ( YRD ) -11%, Huize ...

IREN - Iris Energy Doubles Operating Capacity to >2.3 EH/s

Iris Energy Doubles Operating Capacity to >2.3 EH/s Mackenzie (50MW) Commissioned Ahead of Schedule Deployment Options Underway for 6.0 EH/s SYDNEY, Australia, Aug. 08, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN ) (“Iris Energyȁ...

IREN - SoFi Technologies, Q&K leads financial gainers; MDJM, Founder SPAC among major losers

Gainers: SoFi Technologies ( SOFI ) +29%, Q&K International ( QK ) +21%, Donnelley Financial Solutions ( DFIN ) +19% , Iris Energy ( IREN ) +14%, Netcapital ( NCPL ) +12% . Losers: MDJM ( MDJH ) -36%, Founder SPAC ( FOU...

IREN - Iris Energy stock perks up after boosting mining capacity in Bitmain deal

Iris Energy ( NASDAQ: IREN ) shares are climbing 3.3% in Monday premarket trading after it reached a deal with Bitmain Technologies to ship 1.7 exahash per second more of contracted S19j Pro miners in August. That is expected to boost the company's total mining cap...

IREN - Iris Energy Increases 2022 Miner Deliveries From 4.3 EH/s to 6.0 EH/s

SYDNEY, Australia, Aug. 01, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading owner and operator of institutional-grade, highly efficient proprietary Bitcoin mining data centers powered by 100% renewable energ...

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