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IREN Mining Revenue Falls 88% to $28 Million in Quarterly Filing

COINOTAG·November 7, 2026·1 min read
IREN Mining Revenue Falls 88% to $28 Million in Quarterly Filing

IREN Limited's quarterly SEC filing shows mining revenue fell 88% to $28 million, making Bitcoin mining a side business for the company. The sharp decline reflects reduced mining activity or lower rewards, signaling a strategic shift as IREN diversifies beyond crypto mining.

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