Bitcoin mining company IREN financial report: Cash and cash equivalents reached $2.8 billions at the end of January
PANews, February 7th – According to Globenewswire, Nasdaq-listed bitcoin mining company IREN has released its latest financial report, disclosing that as of January 31, 2026, it held $2.8 billion in cash and cash equivalents. So far this fiscal year, it has raised over $9.2 billion through customer prepayments, convertible bonds, GPU leasing, and GPU financing. The company revealed it will gradually transition into the artificial intelligence sector and plans to add 140,000 GPUs, expecting to achieve $3.4 billion in annual recurring revenue by the end of 2026.
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