IREN stock drops 17% as mining revenue crashes 58% 📊
Mining income collapsed to $28 M, a steep fall from $67 M in June.
Bitcoin production fell to 402 BTC, down from over 2,000 BTC last year.
AI cloud revenue surged 182% to $200 M, now dominates earnings.
Bullish or bearish on IREN’s pivot to AI? What’s next for the stock? 🤔🚀
$IRENB #Mining #Aİ #CLOUD
Mining income collapsed to $28 M, a steep fall from $67 M in June.
Bitcoin production fell to 402 BTC, down from over 2,000 BTC last year.
AI cloud revenue surged 182% to $200 M, now dominates earnings.
Bullish or bearish on IREN’s pivot to AI? What’s next for the stock? 🤔🚀
$IRENB #Mining #Aİ #CLOUD