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Posted by
Two Blokes Jul 1 -
Filed in
Stock
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IREN mined 1,514 Bitcoin in Q3 FY25, generating $141.2 million revenue at an average realized price of $93K per coin. All-in cash cost per Bitcoin mined was approximately $41K, supporting strong hardware margins with low-cost renewable power in Texas and Canada. AI Cloud Services posted $3.6 million revenue in Q3 with 97% hardware gross margin and a $28–33 million annualized run-rate.
