IREN News and Press, Iris Energy Limited From 08/01/22

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...

The energy sector ( NYSEARCA: XLE ) gained 3.7% this week for its biggest weekly gain since the end of May, even with crude oil prices finishing flat after back-to-back weekly declines, as a summertime rise in U.S. gasoline inventories reflected weakening energy demand . ...

Gainers: Stronghold Digital Mining ( SDIG ) +49%, Applied Blockchain ( APLD ) +30%, Iris Energy ( IREN ) +16%, Silvergate Capital SI +15%, Nu ( NU ) +10% . Losers: Forestar ( FOR ) -11%, Qudian ( QD ) -10%, Firsthand Tech...

SYDNEY, Australia, July 20, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading owner and operator of institutional-grade, highly efficient Bitcoin mining data centers powered by 100% renewable energy, today ann...

Our next Marketplace Contributor Roundtable Series will be a Q2 Earnings Preview. To kick off, we have responses from 16 Marketplace contributors on Tech and Growth stocks. The series continues next week with everything from Dividends to Value Stocks and Macro coverage. As alw...

HUT is true to its commitment to HODL such that it has the 2nd largest Bitcoin reserves behind MARA and is expected to exceed MARA's in 3-4 quarters. The hidden cost of HUT's HODL strategy is shareholder dilution which saw HUT issue 74.4% new shares in 2021 and diluted shareholders' c...

HIVE is strategically on point being ESG compliant through 100% renewables and adopting the HODL strategy from day one. HIVE offers an acceptable margin of safety in terms of price to hard assets in excess of the total liabilities ratio, even though IREN still trumps in this aspect. ...

Bitfarms' liquidation of its Bitcoin reserves shouldn't come as a surprise as we expected Bitcoin's bear market since May 2021. We showed that Bitfarms' overall mining is still profitable but liquidation was required to cover other business expenses. We also showed that the mining...

Operating guidance increased from 3.7 EH/s to 4.3 EH/s in 2022 Mackenzie development activities progressing ahead of schedule SYDNEY, Australia, July 07, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN ) (“Iris Energy” or “the Company ...

Our prerequisite for Bitcoin mining companies to be investable is to be powered by renewable energy, CORZ doesn't meet this requirement. Hosting and Equipment Sales contributed 31% of CORZ's revenue but only contributed 9% of gross profits, implying CORZ is not well protected against ...