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Aug 28, 2024 5:50 PM

Iris Energy Stock Climbs After FY24 Results: 4,191 Bitcoin Mined, Record Mining Revenue And More

Iris Energy Limited (NASDAQ:IREN) reported its fiscal-year financial results after Wednesday's closing bell. Here's a look at the key figures from the report.  

The Details: Iris Energy reported record fiscal-year Bitcoin (CRYPTO: BTC) mining revenue of $184.1 million, up from $75.5 million last year, driven by growth in operating hash rate and higher Bitcoin prices.

Iris Energy reported an increase in its self-mining capacity from 5.6 EH/s to 10 EH/s during the year.

Iris Energy mined a record 4,191 Bitcoin, compared to 3,259 Bitcoin in ...