The company’s $4 billion contracted AI run-rate target was four times the $1 billion operating level measured Aug. 26, with recognition still gated by delivery and customer acceptance. The post Bitcoin miner IREN still gets 82% of revenue from BTC after clearing room for Microsoft AI cloud appe...
Source: [CryptoSlate](https://cryptoslate.com/iren-ai-cloud-revenue-639m-impairment-bitcoin-82-revenue/)