IREN annualized Bitcoin Mining revenue surpasses 1 billion dollars! AI cloud business adds another 250 million.

2025-08-29 01:37:51

After the release of the latest financial report by Bitcoin (BTC) mining giant IREN Limited (NASDAQ: IREN), the stock price surged over 12% in after-hours trading. Data shows that the company not only recorded a record net income and EBITDA growth in the fiscal year 2025, but also achieved an annualized $1 billion in Bitcoin mining revenue in the current mining economic environment, while the AI cloud business contributed an additional approximately $250 million per year.

Financial Report Highlights: Revenue and Profit Reach New Highs

According to the latest financial report, IREN achieved in this quarter:

Revenue: 187.3 million USD

Net Income: 176.9 million USD

EBITDA: 241.4 million USD (year-on-year rise of over 10 times)

Co-CEO Daniel Roberts stated that the fiscal year 2025 is a “breakthrough year for IREN in terms of finance and operations,” with the company achieving historical highs in both profitability and capacity utilization.

Bitcoin Mining: Output and Hash Rate Lead the Industry

IREN mined a total of 728 BTC in July, surpassing its competitor MARA’s 703 BTC, with a mining machine activation rate of over 90%.

Hash Rate Advantage: Become the leading mining company in the network’s computing power.

Production efficiency: High startup rates ensure stable output and energy utilization efficiency.

Hash rate is a measure of the total computational power used by miners to process transactions and secure the Bitcoin blockchain. A leading hash rate signifies higher network security and mining competitiveness.

AI Cloud Business Becomes the Second Rise Curve

In addition to the Mining business, IREN is actively expanding AI cloud computing:

Some Bitcoin mining centers (including British Columbia) have switched from ASIC miners to GPUs for AI cloud services.

The annual revenue of AI cloud services is approximately 250 million USD.

Invest in the construction of the Horizon liquid-cooled AI data center (to be put into use in Q4 2025)
The Sweetwater facility is expected to be operational by the end of 2027.

This transformation strategy not only diversifies business risks but also allows IREN to seize opportunities in the AI infrastructure market.

Capital Market Reaction and Market Value Performance

After the financial report was released, IREN’s stock price closed at $23.02 on August 28, with a market capitalization of $5.4 billion, and surged over 12% in after-hours trading.

Investors generally believe that IREN simultaneously possesses two high-growth businesses: Bitcoin Mining and AI Cloud, with enormous profit potential in the future.

Conclusion

IREN is driving rise with a “dual-engine” model:

Bitcoin Mining: Annual revenue exceeds 1 billion USD, production and hash rate lead the world

AI Cloud: Annual revenue of 250 million USD, future data centers will further expand.

As the price of BTC rises in tandem with the market demand for AI, IREN is expected to continue expanding its profits and market value over the coming years, becoming a model enterprise for the integration of technology and cryptocurrency mining.

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