Bitcoin mining company IREN discloses holding $2.8 billions in cash in financial report
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
Nasdaq-listed bitcoin mining company IREN has released its latest financial report, disclosing that as of January 31, 2026, it held $2.8 billion in cash and cash equivalents. So far this fiscal year, IREN has raised over $9.2 billion through customer prepayments, convertible bonds, GPU leasing, and GPU financing, and plans to add 140,000 new GPUs, aiming to achieve $3.4 billion in annual recurring revenue by the end of 2026. IREN also stated that it will gradually transition towards the artificial intelligence sector.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
You may also like
US manufacturing expands for nine consecutive months! ISM PMI in September slightly drops to 54.5; new orders increase but cost pressures heat up again
U.S. manufacturing continued to expand in September, although the pace of growth slightly slowed. Strong demand and a continual increase in orders continue to support the manufacturing sector.
智通财经•2026/10/01 15:01
Crypto prices
More
Bitcoin
BTC
$84,085.79
+0.02%
Ethereum
ETH
$2,681.2
-0.11%
Tether USDt
USDT
$0.9993
-0.00%
BNB
BNB
$765.09
-0.46%
XRP
XRP
$1.49
-1.44%
USDC
USDC
$0.9998
-0.02%
Solana
SOL
$117.23
-1.81%
TRON
TRX
$0.3338
-1.35%
Zcash
ZEC
$1,373.43
-4.84%
Hyperliquid
HYPE
$87.98
+0.69%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now