IREN November 2024 Monthly Investor Update
Iris Energy Limited (IREN)
Company Research
Source: GlobeNewswire
SYDNEY, Dec. 06, 2024 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), today published its monthly investor update for November 2024. Key Highlights Bitcoin Mining 379 Bitcoin mined2.96 c/kWh Childress electricity cost28 EH/s installed capacity at month- end, up by 33% from 21 EH/s50 EH/s accelerated to H1 2025 AI / HPC NVIDIA H200 GPUs undergoing customer testingAdvancing negotiations for other AI opportunitiesInstalling liquid-cooling for Blackwell GPUs Data Centers 460MW operating at month-end, up by 28% from 360MW810MW accelerated to H1 20251.4GW Sweetwater site energization in April 2026 Corporate Q1 FY25 Results webcast, replay available here$440m convertible notes offering (upsized from $300m) Key MetricsNov-24Oct-24*Sep-24Bitcoin Mining1 Average operating hashrate19.7 EH/s19.9 EH/s16.5 EH/sBitcoin mined379 BTC439 BTC347 BTCRevenue (per Bitcoin)$86,065$64,165
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IREN
News
- Is IREN Ltd. (IREN) the Biggest Loser of This Week? [Yahoo! Finance]Yahoo! Finance
- IREN Achieves 31 EH/s Year-End TargetGlobeNewswire
- Iris Energy Limited (NASDAQ: IREN) is now covered by analysts at BTIG Research. They set a "buy" rating and a $33.00 price target on the stock.MarketBeat
- Is IREN Limited (IREN) the Crypto Stock with the Biggest Upside Potential? [Yahoo! Finance]Yahoo! Finance
- Iris Energy Limited (NASDAQ: IREN) had its price target raised by analysts at B. Riley from $15.00 to $16.00. They now have a "buy" rating on the stock.MarketBeat
IREN
Sec Filings
- 12/23/24 - Form 6-K
- 12/6/24 - Form 6-K
- 12/6/24 - Form 6-K
- IREN's page on the SEC website