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Highlights US$71 million limited recourse equipment financing facility closed with NYDIG Third facility secured with NYDIG, further cementing long-term partnership Secured by 19,800 Bitmain S19j Pro miners (1.98 EH/s) ~10 EH/s of the Company’s total stock of m...
Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar for companies due to report. Mond...
Gainers: BitNile (NILE) +10%. Iris Energy (IREN) +5%. Losers: Orion Office REIT ONL -16%. Q&K International (QK) -13%. Redbox Entertainment (RDBX) -12%. Upstart (UPST) -12%. AMTD International (AMTD) -10%. For further details see: BitNile leads financial gainers; Orion Office R...
Gainers: Emclaire Financial (EMCF) +32%, WeWork (WE) +10%, Eqonex (EQOS) +8%, TeraWulf (WULF) +8%, Grupo Financiero Galicia (GGAL) +7%. Losers: Waterdrop (WDH) -8%, Iris Energy (IREN) -7%, UP Fintech (TIGR) -6%, KE (BEKE) -6%,...
Energy (NYSEARCA:XLE) was the only sector decliner as the broader stock market racked up its best week since November 2020, while crude oil posted its first back-to-back weekly decline since December. U.S. WTI April crude (CL1:COM) closed 1.7% higher Friday but fell 4.2% on the week at $104.7...
30MW increase at Mackenzie, increasing total power capacity to 795MW 5% increase in average operating hashrate to 844 PH/s SYDNEY, Australia, March 08, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN ) (“Iris Energy” or “the Company”...
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...
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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...