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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: ...
Gainers: Unico American (NASDAQ:UNAM) +11%. Reliance Global Group (NASDAQ:RELI) +11%. Trean Insurance Group (NASDAQ:TIG) +9%. Iris Energy (NASDAQ:IREN) +7%. Heritage Global (NASDAQ:HGBL) +7%. Losers: Hut 8 Mining HUT -12%. Marathon Digital MARA -12%. Oxbridge Re (NASDAQ:OX...
Macquarie analyst Paul Golding initiates bitcoin miner Iris Energy (NASDAQ:IREN) with an Outperform rating on the basis of the company's incremental development of renewable generation infrastructure at affordable rates, he writes in a note to clients. Additionally, the analyst complements th...
Arena Pharmaceuticals (NASDAQ:ARNA) +90% on acquisition by Pfizer. Foghorn Therapeutics (NASDAQ:FHTX) +38% after collaborating with Lilly in oncology medicines. BELLUS Health (NASDAQ:BLU) +36% on positive BLU-5937 data in mid-stage chronic cough study. Petros Pha...
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SYDNEY, July 24, 2024 (GLOBE NEWSWIRE) -- IREN (Iris Energy Limited) (NASDAQ: IREN ) (together with its subsidiaries, "IREN" or “the Company”), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today provided a business update. The...
SYDNEY, July 16, 2024 (GLOBE NEWSWIRE) -- IREN (Iris Energy Limited) (NASDAQ: IREN ) (together with its subsidiaries, "IREN" or “the Company”), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today provided a business update. T...