iren

According to Onchain Lens, a newly created wallet has withdrawn 71.84 million SIREN from a CEX, currently with an unrealized profit of 8.98 million USD.

After Strategy, another company with Bitcoin as its core business has been included in the mainstream stock index system. IREN Limited (NASDAQ: IREN) announced that it will be added to the MSCI USA Index after the market closes on February 27. This index covers large and mid-cap stocks in the U.S., accounting for approximately 85% of the U.S. free float market capitalization. Inclusion in the index typically means an influx of automatic allocation funds from passive funds and increased visibility among institutional investors.Previously, the index provider MSCI had discussed whether to exclude digital asset reserve (DAT) companies with more than 50% of their balance sheets allocated to crypto assets. In response, Strategy publicly opposed this, stating that the proposal was discriminatory, arbitrary, and unfeasible. Ultimately, MSCI did not exclude DAT companies, allowing Strategy to remain within the index system.

According to The Block, research firm Bernstein analyzed that the stock price of IREN, a Bitcoin mining company transitioning to AI computing services, fell sharply after releasing its financial report. The main reason was market disappointment over the lack of new large AI partnership announcements, rather than a deterioration in fundamentals.The company's stock price dropped about 18% after the earnings report, to approximately $39.79. Bernstein analysts believe that the volatility of Bitcoin-related earnings is no longer the core investment logic for IREN, and investors are more focused on its progress in transitioning to AI cloud infrastructure. Although IREN's Bitcoin mining revenue decreased quarter-over-quarter this quarter, its AI cloud revenue more than doubled compared to the previous quarter. The company has secured approximately $2.3 billion in annual recurring revenue contracts for AI cloud services and expects this to grow to $3.4 billion by the fourth quarter of 2026, equivalent to deploying about 140,000 GPUs.Bernstein maintains an "outperform" rating on IREN with a target price of $125, viewing this decline as a reset of expectations rather than a signal of deteriorating execution capability.

Bitcoin mining company IREN (IREN) has completed a refinancing transaction, which includes the issuance of $2.3 billion in convertible preferred notes and the repurchase of $544.3 million in existing convertible bonds.The newly issued bonds include: $1 billion in notes with a coupon rate of 0.25%, maturing in 2032; $1 billion in notes with a coupon rate of 1%, maturing in 2033; and $300 million in overallotment fully exercised to meet additional demand. Additionally, IREN executed a capped call transaction to hedge against potential equity dilution from the bond conversion, providing protection at an initial price of $82.24 per share. The announcement stated that, aside from standard terms related to significant changes, the notes do not contain any investor put rights.

IREN announced on December 3 that it has completed a financing plan totaling over $3.6 billion, including $1.6 billion in equity financing and $2 billion in convertible bond issuance.The funds from this financing will be used to repay existing low-priced convertible bonds and strengthen the balance sheet to support the large-scale expansion of the company's AI cloud business. The newly issued convertible bonds include $1 billion of 0.25% bonds maturing in 2032 and $1 billion of 1% bonds maturing in 2033, with an initial conversion price of approximately $51.4 per share, significantly higher than the old bond's conversion price of $17.

According to Bloomberg, AI and high-performance computing data center company, Bitcoin mining firm Iren Ltd. announced on Monday plans to raise a total of $2 billion through two tranches of convertible bonds. This includes $1 billion in bonds maturing in 2032, with a coupon rate of 0% to 0.25%, and $1 billion in bonds maturing in 2033, with a coupon rate of 0.5% to 1%. These two tranches of bonds have maturities of 6.5 years and 7.5 years, respectively.

Bitcoin mining company IREN has signed a $9.7 billion agreement with Microsoft to provide cloud computing services in Texas, with its stock price rising over 20% in pre-market trading, currently reported at $72.9. Additionally, the company will spend $5.8 billion to purchase GPUs and related equipment from Dell.

According to Jinshi reports, Dell (DELL.N) rose over 5% in pre-market trading. In terms of news, cryptocurrency concept stock IREN will spend $5.8 billion to purchase GPUs and related equipment from Dell.

ChainCatcher news, GOAT Network officially released its Post-TGE roadmap, covering the development directions for Q4 2025, 2026, and beyond, marking the project's transition from the launch phase to a dual acceleration period of infrastructure and ecosystem. Meanwhile, its zkVM Ziren v1.2.0 has also been launched, bringing stronger interoperability and developer experience to the Bitcoin zkRollup ecosystem.GOAT Network will focus on product delivery, ecosystem expansion, and long-term sustainable growth in Q4. Looking ahead to 2026, GOAT Network will continue to drive the activation of Bitcoin liquidity, turning dormant BTC into sustainable yield-bearing assets, and will collaborate deeply with ETFs, sovereign funds, and DAT to jointly build a decentralized, long-term Bitcoin Layer2 infrastructure.As GOAT's zkVM, Ziren in version 1.2 emphasizes enhancing interoperability and developer experience:• Supports Groth16 conversion, enhancing compatibility with mainstream verification systems;• Adds support for Go language guest programs, taking a key step towards achieving Linux ABI;• Supports Bitcoin Headerchain verification, strengthening technical integration with BitVM2;• Built-in CLI tools and lightweight validators make development and integration more efficient and flexible.These upgrades provide strong technical support for GOAT Network's ZK Rollup roadmap, further consolidating its leading position in the field of verifiable computing for Bitcoin.

ChainCatcher news, according to market news, Nasdaq-listed Bitcoin mining company IREN announced that it has priced a total of $875 million in convertible preferred notes with a 0% interest rate, maturing in 2031.IREN also granted the initial purchasers of the notes an option to purchase up to an additional $125 million in principal amount of the notes within 13 days from the date of the initial issuance. IREN estimates that, after deducting the initial purchasers' discount commissions and expected issuance costs, the net proceeds from this offering will be approximately $856.5 million (if the initial purchasers fully exercise the additional note purchase option, the net proceeds will be approximately $979 million). IREN plans to use approximately $49.6 million of the net proceeds to pay for the costs of capped call option transactions, and the remaining net proceeds will be used for general corporate purposes and working capital.

ChainCatcher news, according to The Block, IREN has recently performed strongly, with its stock price rising over 500% in the past six months, surpassing MARA to become the largest publicly traded Bitcoin miner.However, this did not stop analysts at research and brokerage firm Bernstein from raising their price target more than three times on Wednesday, setting a new target of $75 per share, while maintaining an "outperform" rating—based on the expectation that its AI cloud business will achieve "exponential" growth.

ChainCatcher news, according to TheMinerMag, Bitcoin mining company IREN's co-founder and co-CEO Roberts brothers sold 1 million shares each, totaling $66 million, as the company's stock price broke $33 and hit a new high.After the reduction, both still hold approximately 13.99 million shares each, accounting for about 6% of IREN's outstanding shares. This is their second large-scale reduction in nearly two years, having each sold 1 million shares when the stock price was around $5 in December 2023.

ChainCatcher news, according to Theminermag, Nasdaq-listed Bitcoin mining company IREN stated in its annual report that it will pay $20 million to NYDIG to resolve disputes arising from defaults on Bitcoin mining equipment loans over the years.The settlement agreement was first reached in August, involving IREN's overdue debt of $107.8 million at the end of 2022, including interest and late fees. These loans were arranged through NYDIG in 2021 to finance approximately 35,000 Antminer S19 mining machines. IREN stated that the settlement agreement ends all related lawsuits and protects its subsidiaries, executives, and shareholders from further claims, and is currently awaiting court approval for formal closure.

ChainCatcher news, Bitcoin miner IREN announced its full-year financial results for the period ending June 30, 2025, with its stock price rising over 12% in after-hours trading. The company reported quarterly revenue of $187.3 million, net profit of $176.9 million, and earnings before interest, taxes, depreciation, and amortization (EBITDA) of $241.4 million, which includes an annualized revenue of $1 billion from Bitcoin mining "under current mining economic conditions."According to the announcement, IREN has replaced ASIC miners used for Bitcoin mining with GPU miners for AI cloud in several of its mining centers, including in British Columbia. The company has also invested in a liquid-cooled AI data center named Horizon, expected to be operational in the fourth quarter of 2025, as well as a facility in Sweetwater anticipated to go live by the end of 2027. Earlier this month, IREN surpassed its competitor MARA in both Bitcoin production and miner utilization, becoming the leading mining company in hash rate.

ChainCatcher news, Bitcoin mining company IREN (formerly Iris Energy) announced its quarterly results, with revenue of $187.3 million, net profit of $176.9 million, and EBITDA of $241.4 million; FY 25 fiscal year EBITDA growth exceeded 10 times. The company expects annual Bitcoin mining revenue to reach $1 billion, while its AI cloud business's annualized revenue is nearing $250 million.IREN has replaced ASICs used for Bitcoin mining with GPUs at multiple mining centers to support its AI cloud business and is investing in the construction of a liquid-cooled AI data center "Horizon," expected to go live in Q4 2025; another facility named Sweetwater is expected to be operational by the end of 2027. In July, IREN produced 728 Bitcoins, surpassing its competitor MARA's 703 Bitcoins, with a device utilization rate exceeding 90%, becoming a leading mining company in terms of computing power. IREN's Nasdaq-listed stock closed at $23.02 on Thursday, with a market capitalization of $5.4 billion, rising over 12% in after-hours trading.

ChainCatcher news, according to the financial report of the fintech company Yiren Digital, as of June 30, 2025, the company holds 11,197.5 Ethereum. In the second quarter of 2025, the fair value adjustment of crypto assets achieved a profit of 28 million RMB (3.9 million USD), significantly improving from a loss of 58.4 million RMB in the first quarter.

ChainCatcher news, according to GlobeNewswire, the NASDAQ-listed company IREN released its July operational update report, which disclosed that in July, the Bitcoin mining output was 728 coins, setting a new monthly mining output record, a significant increase compared to the 620 coins mined in June. Additionally, the company reported that its revenue for July reached $86 million.

ChainCatcher news, ZKM has released the next generation zkVM (Zero-Knowledge Proof Virtual Machine) Ziren (formerly zkMIPS), which opens up new possibilities for the deployability and scalability of zero-knowledge proof (ZK) systems in real-world applications through GPU acceleration, a distributed proof architecture, and a deeply optimized constraint system. Ziren achieves a 30x speedup in core proof generation, a 15x speedup in aggregated proofs, and reduces state preparation time from 5 minutes to 30 seconds, and has already been implemented in the GOAT Network's Bitcoin-native zkRollup project.The naming inspiration for Ziren comes from a variant of the myth "Siren," representing the transition from illusion to reality ------ technology is no longer just attractive, but a genuine promise that is truly usable. Ziren aims to be a truly efficient, trustworthy, and deployable zk infrastructure in the hands of mainstream developers, supporting proof generation for Rust/C/C++ programs, compatible with full Ethereum Rust client verification, and helping developers easily build trusted zero-knowledge systems.

ChainCatcher news, according to The Block, the publicly listed Bitcoin mining company IREN announced that its self-operated Bitcoin computing power has reached 50 EH/s, accounting for about 6% of the total network computing power (842 EH/s), achieving its mid-year goal. This computing power scale ranks fourth in the industry, only behind Marathon Digital (57.3 EH/s), CleanSpark (50 EH/s), and Riot Platforms (33.7 EH/s). In its Texas 750MW mining facility, 650MW has been put into operation, driving a nearly 50-fold increase in computing power within 30 months.IREN's co-CEO Daniel Roberts stated that the 50 EH/s milestone confirms the efficient delivery capability of energy and data center infrastructure. The company's Bitcoin mining cost in the second quarter was $41,000 per coin, benefiting from 15 J/TH energy-efficient equipment and renewable energy advantages. The current Bitcoin price is approximately $106,542, and the low-cost structure provides it with resilience against market fluctuations.The AI transformation strategy is also being advanced: the Texas mining facility will build a 50MW liquid-cooled AI data center (Horizon 1), scheduled to be operational in the fourth quarter of 2025. The company adopts a GPU hosting model to serve AI clients and plans to issue $450 million in convertible preferred notes to support its expansion.