as 11-15-2024 4:00pm EST
Iris Energy Ltd is a Bitcoin mining company. It builds, owns, and operates data centers and electrical infrastructure for the mining of Bitcoin powered by renewable energy. The company's mining operations generate revenue by earning Bitcoin through a combination of block rewards and transaction fees from the operation of its specialized computers called Application-specific Integrated Circuits and exchanging these Bitcoin for currencies such as USD or CAD on a daily basis.
Founded: | 2018 | Country: | Australia |
Employees: | N/A | City: | N/A |
Market Cap: | 2.1B | IPO Year: | 2021 |
Target Price: | $14.90 | AVG Volume (30 days): | 19.2M |
Analyst Decision: | Strong Buy | Number of Analysts: | 11 |
Dividend Yield: | N/A | Dividend Payout Frequency: | N/A |
EPS: | -0.29 | EPS Growth: | N/A |
52 Week Low/High: | $2.79 - $15.75 | Next Earning Date: | 11-26-2024 |
Revenue: | $188,758,000 | Revenue Growth: | 149.98% |
Revenue Growth (this year): | 148.59% | Revenue Growth (next year): | 38.72% |
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