Company Data
Iris Energy Limited
Ticker
IREN
Current Price
$13.125 1.2%
Market Cap
$2.5B
Price Target
Refer to Report
Volume
9.5M
52wk Range
$4.15 - $15.92
Overview
Iris Energy Ltd is 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’s mining operations generate revenue by earning Bitcoin through a combination of block rewards and transaction fees from the operation of its specialized computers called Application-specific Integrated Circuits and exchanging these Bitcoin for currencies such as USD or CAD on a daily basis.