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IREN Reports $187.3M Revenue and $176.9M Net Income in Q2

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by Giorgi Kostiuk

2 hours ago

Bitcoin mining company IREN has reported record results for Q2 2025, resulting in a 14% rise in stock prices.

IREN's Key Q2 2025 Metrics

IREN reported revenue of $187.3 million and a net income of $176.9 million for Q2 2025. These results mark one of the company's strongest quarters, indicating a successful recovery and expansion.

BTC Mining Efficiency and AI Expansion

The primary driver of growth was Bitcoin mining, with increased efficiency and scale benefiting from high network fees and BTC price rises. IREN's move into artificial intelligence also played a significant role, opening new revenue streams.

Market Reaction to IREN's Success

The market reacted positively with IREN shares climbing 14% in after-hours trading. Investors are optimistic about the company's dual-growth model leveraging both cryptocurrency and AI sectors.

IREN's Q2 2025 results not only sets a high bar for the remainder of the year but also indicates a broader shift among mining companies toward diversification.

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