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IREN’s bitcoin mining revenue drops 58% as firm plans full exit by year-end

IREN has been shifting its focus to the AI infrastructure business, and its AI cloud revenue rose 182% in the past quarter to $200 million.

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IREN’s bitcoin mining revenue drops 58% as firm plans full exit by year-end
Image: The Block

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IREN has been shifting its focus to the AI infrastructure business, and its AI cloud revenue rose 182% in the past quarter to $200 million.

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