Iris Energy Ltd

Iris Energy Ltd. operates as a Bitcoin mining company. It builds, owns and operates data centers and electrical infrastructure for the mining of Bitcoin, primarily powered by renewable energy. The company was founded by Daniel Roberts and William Roberts on November 6, 2018 and is headquartered in Sydney, Australia.

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q2 2023

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Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q1 2024

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Iris Energy Ltd. engages in operating institutional grade data centers powered by renewable energy. It operates through the Australia and North America geographical segments. The company was founded by Daniel Roberts and William Roberts on November 6, 2018, and is headquartered in Sydney, Australia.

Operating capacity increased by 79% to 3.1 EH/s

Iris Energy Announces Monthly Investor Update for March 2023

Iris Energy Limited (NASDAQ:IREN) has issued an update on the installation of its 5.5 EH/s of bitcoin mining capacity. The company has increased its operating hashrate, essentially the speed at which bitcoin is mined, from 2.0 EH/s to a current level of 2.8 EH/s.

Iris Energy continues to boost bitcoin mining capacity toward 5.5 EH/s

Iris Energy Limited (NASDAQ:IREN) announced that, following the start of installation of its newly-acquired miners, it has increased its operating hashrate to a current level of 2.0 exahashes per second (EH/s), which is part of the company's recently-announced increase in self-mining capacity to 5.5 EH/s.   The sustainable Bitcoin mining firm said an additional 0.8 EH/s of miners have been delivered and are in various stages of unboxing, transportation between sites and installation, while the remaining 2.7 EH/s of miners are in transit with progressive deliveries scheduled between now and the end of March with the majority expected to be operational shortly thereafter.

Iris Energy boosts Bitcoin mining capacity; completes Salvare Station switchyard

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Iris Energy Limited (NASDAQ:IREN) said it has commenced taking delivery of and installing miners in respect of its ramp-up to 5.5 EH/s of operating capacity. Delivery of the remaining miners is expected by the end of March, with the majority of these miners expected to be operational shortly thereafter, Iris said in a statement.

Iris Energy commences miner installation for ramp-up to 5.5 EH/s of operating capacity

Iris Energy commences 5.5 EH/s installation

Iris Energy Commences 5.5 EH/s Installation and Confirms No Deposits with Silicon Valley Bank, Silvergate Capital, or Signature Bank

Iris Energy Limited (NASDAQ:IREN) said it is increasing its self-mining capacity from 2.0 EH/s to 5.5 EH/s, with newly acquired miners set to be installed at its data centers over the coming months. In its monthly investor update for February, the company highlighted that it had successfully utilized remaining prepayments of US$67 million under its 10 EH/s contract with Bitmain, including a concurrent sale of 2.3 EH/s of the remaining 6.7 EH/s contracted miners to a third party, to acquire 4.4 EH/s of new S19j Pro miners without any additional cash outlay.

Iris Energy highlights progress in self-mining capacity in monthly investor update

Increasing self-mining capacity from 2.0 EH/s to 5.5 EH/s

Iris Energy Announces Monthly Investor Update for February 2023

For Iris Energy Limited (NASDAQ:IREN) co-founder and co-CEO Daniel Roberts, the decision to create and run a Bitcoin mining company powered by 100% renewable energy in partnership with his brother Will was a simple one.  “It's a really unique dynamic where we've got similar views on Bitcoin, life, and business, but slightly different personalities,” Daniel told Proactive.

Iris Energy is a sustainable Bitcoin mining company positioned to capitalize on the next bull run

Iris Energy Limited (NASDAQ:IREN)'s recently announced three-way deal reached with application-specific integrated circuit (ASIC) chip producer Bitmain and a third party is a big recovery step for the Bitcoin miner after a challenging year for the digital assets sector, according to analysts at Canaccord Genuity (TSX:CF, LSE:CF). In a note to clients, analysts wrote that with Bitcoin solidly off its recent bottom, they had started to see deal activity across the Bitcoin mining sector pick up.

Iris Energy to be ‘nicely profitable' over next 12 months on operating basis as Bitcoin miner ramps up to 5-plus EH capacity, analysts say

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Iris Energy Limited (NASDAQ:IREN) told investors it expanded its data centre capacity in British Columbia by more than five times to 160 megawatts (MW) across three sites during the three months to end-December 2022. Releasing second-quarter results, the sustainable Bitcoin mining company said the growth came despite "a challenging year for the digital assets industry as well as broader equity markets.

Iris Energy expands capacity in 2Q despite 'challenging year' for digital assets

Iris Energy Limited (NASDAQ:IREN ) Q2 2023 Earnings Conference Call February 15, 2023 5:00 PM ET Company Participants Lincoln Tan - Senior Manager, Corporate Finance Daniel Roberts - Co-Founder & Co-Chief Executive Officer Belinda Nucifora - Chief Financial Officer Conference Call Participants Mike Colonnese - H.C. Wainwright Joseph Vafi - Canaccord Josh Siegler - Cantor Fitzgerald Chase White - Compass Point Trading & Research Reggie Smith - JPMorgan Operator Greetings.

Iris Energy Limited (IREN) Q2 2023 Earnings Call Transcript

SYDNEY, Australia, Feb. 15, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN ) (together with its subsidiaries, “Iris Energy” or “the Company”), a leading owner and operator of institutional-grade, highly efficient Bitcoin mining data centers powered by 100% renewable energy, today reported its financial results for the three and six-months ended December 31, 2022. All $ amounts are in United States Dollars (“USD”) unless otherwise stated.

Iris Energy Reports Second Quarter FY23 Results

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New York, New York--(Newsfile Corp. - February 13, 2023) - Levi & Korsinsky, LLP notifies investors in Iris Energy Limited ("Iris Energy Limited" or the "Company") (NASDAQ: IREN) of a class action securities lawsuit.The lawsuit on behalf of Iris Energy Limited investors has been commenced in the the United States District Court for the District of New Jersey.

Iris Energy Limited Class Action: Levi & Korsinsky Reminds Iris Energy Limited Investors of The Pending Class Action Lawsuit With a Lead Plaintiff Deadline of February 13, 2023 - IREN

Iris Energy Limited (NASDAQ:IREN) told investors it is increasing its self-mining capacity from 2.0 exahashes per second (EH/s) to 5.5 EH/s, a significant milestone for the company. The sustainable Bitcoin mining company said it has successfully utilized remaining prepayments of US$67 million under its 10 EH/s contract with Bitmain, including a concurrent sale of 2.3 EH/s of the remaining 6.7 EH/s contracted miners to a third party, to acquire 4.4 EH/s of new S19j Pro miners without any additional cash outlay.

Iris Energy achieves milestone as it increases self-mining capacity to 5.5 EH/s

SYDNEY, Australia, Feb. 13, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “Iris Energy”, “the Company” or “the Group”), a leading owner and operator of institutional-grade, highly efficient Bitcoin mining data centers powered by 100% renewable energy, today announced it is increasing its self-mining capacity from 2.0 EH/s to 5.5 EH/s.

Iris Energy Increases Self-Mining Capacity From 2.0 EH/s to 5.5 EH/s

NEW YORK , Feb. 13, 2023 /PRNewswire/ -- Attention Iris Energy Limited ("Iris Energy Limited") (NASDAQ: IREN) shareholders: The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors. This lawsuit is on behalf of a class consisting of all persons and entities other than defendants that purchased or otherwise acquired: (a) Iris ordinary shares pursuant and/or traceable to the documents issued in connection with the Company's initial public offering conducted on or about November 17, 2021; and/or (b) Iris securities between November 17, 2021 and November 1, 2022, both dates inclusive.

CLASS ACTION ALERT: The Law Offices of Vincent Wong Remind Iris Energy Limited Investors of a Lead Plaintiff Deadline of February 13, 2023

Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Iris Energy To Contact Him Directly To Discuss Their OptionsNew York, New York--(Newsfile Corp. - February 10, 2023) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Iris Energy Limited ("Iris Energy" or the "Company") (NASDAQ: IREN) and reminds investors of the February 13, 2023 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Iris Energy Shareholder Action Reminder

New York, New York--(Newsfile Corp. - February 10, 2023) - Levi & Korsinsky, LLP notifies investors in Iris Energy Limited ("Iris Energy Limited" or the "Company") (NASDAQ: IREN) of a class action securities lawsuit.The lawsuit on behalf of Iris Energy Limited investors has been commenced in the the United States District Court for the District of New Jersey.

Iris Energy Limited Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before February 13, 2023 to Discuss Your Rights - IREN

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R.

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Iris Energy Limited (IREN)

NEW YORK , Feb. 10, 2023 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Iris Energy Limited (NASDAQ: IREN). To receive updates on the lawsuit, fill out the form: https://claimyourloss.com/securities/iris-energy-limited-loss-submission-form/?id=36401&from=4 This lawsuit is on behalf of a class consisting of all persons and entities other than defendants that purchased or otherwise acquired: (a) Iris ordinary shares pursuant and/or traceable to the documents issued in connection with the Company's initial public offering conducted on or about November 17, 2021; and/or (b) Iris securities between November 17, 2021 and November 1, 2022, both dates inclusive.

IREN SHAREHOLDER ALERT: Jakubowitz Law Reminds Iris Energy Limited Shareholders of a Lead Plaintiff Deadline of February 13, 2023

New York, New York--(Newsfile Corp. - February 8, 2023) - Levi & Korsinsky, LLP notifies investors in Iris Energy Limited ("Iris Energy Limited" or the "Company") (NASDAQ: IREN) of a class action securities lawsuit.The lawsuit on behalf of Iris Energy Limited investors has been commenced in the the United States District Court for the District of New Jersey.

Iris Energy Limited Class Action: Levi & Korsinsky Reminds Iris Energy Limited Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of February 13, 2023 - IREN

NEW YORK , Feb. 8, 2023 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Iris Energy Limited. Shareholders who purchased shares of IREN during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment.

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Iris Energy Limited of a Class Action Lawsuit and a Lead Plaintiff Deadline of February 13, 2023 - (NASDAQ: IREN)

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