Wall Street Bitcoin Miner Loses $29 Million, Six Times Less Than Last Year

IREN
(NASDAQ: IREN) just became yet another publicly-listed Bitcoin (BTC) miner from
Wall Street, which significantly increased its revenue over the last year,
benefiting from higher cryptocurrency prices. According to the results for the
fiscal year ended June 30, 2024, revenues grew by 145%, and the number of mined
BTC increased by 30%.IREN Reduces Net Loss by
Sixfold in 2024The company
reported record Bitcoin mining revenue of $184.1 million…
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