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MiningSource: CoinCentral ·

IREN Stock Tumbles 17% Even as AI Cloud Revenue Nearly Triples. Here’s Why

IREN stock closed at $18.03 on Nov. 5, down 17% from $21.71. Bitcoin mining revenue fell 58% to $28 million as the company winds down mining. AI cloud revenue rose 182% to $200 million, and total revenue hit $228 million.

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