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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.

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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Read the full story at theblock.co: https://www.theblock.co/news/business/2026-11-05-irens-mining-revenue-drops-435783

Source: theblock.co

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