IREN revenue increased by 168% in fiscal 2025, and Bitcoin mining capacity increased to 50 EH/s
Source: Binance
Time: 2025-08-29 09:15:20
According to Shenzhen Chao TechFlow, on August 29, Bitcoin mining company IREN (NASDAQ: IREN) announced its 2025 fiscal year financial report. The full-year revenue was US$501 million, an increase of 168% year-on-year, and the net income was US$86.9 million, reversing the net loss in 2024. The company expects that by December 2025, the annualized AI cloud revenue will reach US$200 million to US$250 million, and deploy 10,900 NVIDIA GPUs. Bitcoin mining annual revenue exceeded US$1 billion, and its mining capacity increased to 50 EH/s, an increase of 400%. IREN builds a new liquid-cooled data center in British Columbia, supports more than 4,500 GB300 GPUs, and has obtained the NVIDIA Select Partner qualification to complete the second round of GPU financing to promote sustainable development.