IREN News and Press, Iris Energy Limited From 03/07/22

SYDNEY, Australia, March 07, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading sustainable Bitcoin miner which is building an institutional grade infrastructure platform with 15 EH/s of secured miners (10 EH/s...

Iris Energy’s recent earnings validated the case for its low-cost, renewable-focused energy mining model. The 600MW connection agreement in Texas should drive near-term expansion as well, while its ample funding options limit dilution risk. With valuations also at undemandi...

Iris Energy press release (NASDAQ:IREN): FQ2 net profit after tax of $71.7M. Revenue of $20.02M (-34.1% Y/Y) misses by $0.21M. Record average operating hashrate of 685 PH/s (+97% vs. Q1 FY22) and 364 Bitcoin mined (+51% vs. Q1 FY22) for the quarter from 100% renewable operations since incepti...

Key Highlights Record revenue of $20.0 million (A$27.6 million) for the quarter (+93% vs. Q1 FY22) and $30.4 million (A$41.9 million) for the half (+1,352% vs. 1H FY21) Record Adjusted EBITDA of $14.3 million (A$19.7 million) for the quarter (+156% vs. Q1 FY22) and $19.9 mil...

Iris Energy (NASDAQ:IREN) stock gains more than 16% as its January bitcoin production of 126 increased by 1%. Note that bitcoin (BTC-USD +6.8%) is surging above $44K per token intra-day. The company's operating revenue of $5.0M in January dropped from $6.2M in December. Operati...

SYDNEY, Australia, Feb. 07, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN ) (“Iris Energy” or “the Company”), a leading sustainable Bitcoin miner with 15 EH/s of secured miners, today announces it will report financial results for the three a...

Transformational 600MW connection agreement with AEP Texas, increasing power capacity to 765MW (~22 EH/s 1 ) 8% increase in average operating hashrate to 804 PH/s SYDNEY, Australia, Feb. 07, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN ) (...

Bitcoin platform NYDIG launched an employee savings plan that allow workers to convert a portion of their paycheck to BTC, according to the company's release. NYDIG will also be providing the benefit to all of its employees, the company said. Among the first to offer the benefit are companies...

Highlights 600MW binding connection agreement executed with AEP Texas and $19m security deposit and connection fee paid Power capacity expected to increase from 165MW (4.6 EH/s) to 765MW (~22 EH/s 1 ) 15.2 EH/s (~530MW) of miners previously secured; and ~7 EH/s ...

14% increase in average operating hashrate to 748 PH/s 10% increase in Bitcoin mined Mackenzie (1.5 EH/s, 50MW) and Prince George (2.4 EH/s, 85MW) construction remains on track SYDNEY, Australia, Jan. 11, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: ...