Research Desk
Finance
Verified reporting on financial markets, corporate treasuries, capital structures, monetary conditions and the infrastructure that connects finance to the wider economy.
2 reports
The Bitcoin Mine Has a Second Customer: IREN's AI Cloud Crossover
IREN reported $70.5 million in quarterly AI Cloud Services revenue and $66.7 million from Bitcoin Mining. The crossover reveals a second economic use for the power, land and data-center infrastructure built around Bitcoin.
What Is Happening to Bitcoin in 2026? IREN's AI Revenue Just Passed Bitcoin Mining as AI Data Centers Create a New Battle for Power
IREN's quarterly AI Cloud Services revenue surpassed its Bitcoin Mining revenue, revealing how power, land and data-center infrastructure built around mining can gain another economic use. Strategy, Treasury markets and AI-agent payments show how the wider Bitcoin system is changing.