{"id":3370,"date":"2024-11-27T14:32:36","date_gmt":"2024-11-27T14:32:36","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=3370"},"modified":"2024-11-27T14:32:36","modified_gmt":"2024-11-27T14:32:36","slug":"whats-going-on-with-bitcoin-mining-stock-iris-energy-wednesday","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=3370","title":{"rendered":"What&#8217;s Going On With Bitcoin Mining Stock Iris Energy Wednesday?"},"content":{"rendered":"<div>\n<p><strong>Iris Energy Ltd<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/IREN#NASDAQ\">IREN<\/a>) shares are trading higher Wednesday on the heels of the company\u2019s first-quarter financial results. Multiple analysts raised price targets following the print. Here\u2019s what <a href=\"https:\/\/www.benzinga.com\/pressreleases\/24\/11\/g42201221\/iren-reports-q1-fy25-results\">you need to know<\/a>.<\/p>\n<p><strong>What Happened:<\/strong> After the market close on Tuesday, Iris reported first-quarter <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) mining revenue of $49.6 million. The company reported a 28% increase in AI Cloud Services revenue quarter-over-quarter to $3.2 million. <\/p>\n<p>Adjusted EBITDA was $2.6 million in the quarter. The company said it mined 813 bitcoin in the period and ended the quarter with $98.6 &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/trading-ideas\/movers\/24\/11\/42214256\/whats-going-on-with-bitcoin-mining-stock-iris-energy-wednesday\" alt=\"What's\" going on with bitcoin mining stock iris energy wednesday>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Iris Energy Ltd (NASDAQ:IREN) shares are trading higher Wednesday on the heels of the company\u2019s first-quarter financial results. Multiple analysts raised price targets following the print. Here\u2019s what you need to know. What Happened: After the market close on Tuesday, Iris reported first-quarter Bitcoin (CRYPTO: BTC) mining revenue of $49.6 million. The company reported a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-3370","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3370","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3370"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3370\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3370"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3370"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}