Bitcoin mining company IREN financial report: Cash and cash equivalents reached $2.8 billion at the end of January

robot
Abstract generation in progress

Odaily Planet Daily reports that Nasdaq-listed Bitcoin mining company IREN has released its latest financial report, revealing that as of January 31, 2026, it holds $2.8 billion in cash and cash equivalents. To date in this fiscal year, the company has raised over $9.2 billion through customer prepayments, convertible bonds, GPU leasing, and GPU financing. The company disclosed plans to gradually shift towards the artificial intelligence sector and intends to add 140,000 GPUs, with an expected annual recurring revenue of $3.4 billion by the end of 2026. (Globenewswire)

BTC6.28%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)