<a href="https://laohu8.com/S/IREN">IREN Ltd</a>. Achieves Record June Revenue, Reaches 50 EH/s Target, and Expands AI Cloud with New NVIDIA GPUs
IREN Limited has released its monthly update for June 2025, highlighting significant achievements and financial performance. The company reported record monthly revenue, achieving a total of $65.5 million, up from $64.7 million in May 2025. This was driven by higher Bitcoin prices, which more than offset a slight decline in Bitcoin production due to the shorter month. The company successfully reached its mid-year target with an average operating hashrate of 41.1 EH/s in June, compared to 38.4 EH/s in May, and mined 620 BTC, a slight decrease from 627 BTC in the previous month. Revenue per Bitcoin mined increased to $105,730 from $103,345, while net electricity costs per Bitcoin mined decreased to $26,259 from $27,033. Additionally, IREN expanded its AI Cloud with approximately 2.4k Blackwell GPUs and completed a $550 million convertible notes offering, which was oversubscribed. The transition to U.S. domestic issuer status has also been completed, and the company continues to make progress in AI verticals, capitalizing on its robust infrastructure.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Iren Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9490048-en) on July 07, 2025, and is solely responsible for the information contained therein.
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