$IREN (+3,91 %)
$NVDA (+0,07 %)
$BTC (-1,58 %)

Expansion to 10.9k GPUs & $200-250m AI Cloud Annualized Revenue by Dec 2025

GPU Financing & NVIDIA Preferred Partner Status Secured 🚀

New Liquid-Cooled GB300 NVL72 Deployments

Highlights

Q4 FY25 revenue of $187.3m, net income of $176.9m, Adj. EBITDA of $121.9m2, and EBITDA of $241.4m2

Approaching $1.25bn total annualized revenue with scope for further growth ahead3>$1bn annualized revenue from Bitcoin mining under current mining economics4

$200-250m annualized revenue from AI Cloud at 10.9k NVIDIA GPUs by Dec 20251

Capacity to deploy >60,000 NVIDIA Blackwell GPUs across existing British Columbia data centers, and >19,000 GB300s at Horizon 15

Secured a second round of GPU financing for 100% of hardware purchase price, with further financing workstreams underway

Secured NVIDIA Preferred Partner status

FY25 Financial & Operating Results

Record results:Total revenue increased to record $501.0 million (+168% vs. FY24 $187.2m)

Net income increased to record $86.9m (FY24 net loss of $28.9m)

Adj. EBITDA increased to record $269.7m (+395% vs. FY24 $54.4m)2

EBITDA increased to record $278.2m (+1,344% vs. FY24 $19.3m)2

Operational execution:Contracted grid-connected power increased to 2,910MW (+35%)

Operating data center capacity increased to 810MW (+212%)

Bitcoin mining capacity increased to 50 EH/s (+400%)

AI Cloud capacity increased to 1.9k NVIDIA GPUs (+132%)

—————————-

Project Update:

British Columbia (160MW)

Continued transition from ASICs for Bitcoin mining to GPUs for AI Cloud

Construction underway for new liquid-cooled data center at Prince George for NVIDIA GB300 NVL72 systems, with capacity to support >4.5k GB300 GPUs

Back-up generators and UPS systems to be installed for all GPUs

Childress (750MW)

Horizon 1 (50MW IT Load) liquid-cooled AI data center on track for Q4 2025

Horizon 2 (50MW IT Load) liquid-cooled AI data center site works and procurement underway

Sweetwater Hub (2GW)

Sweetwater 1 (1,400MW) construction progressing to April 2026 energization target

Sweetwater 2 (600MW) energization targeting late 2027

————————

Management Commentary

“FY25 was a breakout year financially and operationally, with record results that included strong net income and more than 10x EBITDA growth,” said Daniel Roberts, Co-Founder and Co-CEO of IREN.

“We expanded our contracted, grid-connected power to nearly 3GW, more than tripled operating data center capacity to 810MW, and completed our 50 EH/s expansion – all while laying the foundation for rapid growth in our AI Cloud business to more than 10,000 NVIDIA GPUs.

Looking ahead, our vertical integration uniquely positions us to deliver across the entire AI infrastructure stack - from powered shells to turnkey colocation to fully managed cloud services - and we are advancing a range of additional commercial opportunities while executing on near-term growth.”

https://www.globenewswire.com/news-release/2025/08/28/3141101/0/en/IREN-Reports-Full-Year-FY25-Results.html

$IREN (+3,91 %) erwartet ein Wachstum der Betriebskapazität um 285 % in einem Jahr

2.910 MW vertraglich vereinbart mit einer Multi-GW-Pipeline, Hyperscale-Rechenzentren und Positionierung für die steigende Nachfrage nach KI-Infrastruktur.

H1 '25: 810 MW

H1 '26: 2310 MW

$NBIS (+0 %)
$BTC (-1,58 %)

🇺🇸 USA

• $SPX500 ~ 6,481.41 (+0.24%) — hitting a fresh all-time closing high, highlighting continued investor confidence and strong economic momentum. TradingView

• $DJ30 ~ 45,565.23 (+0.30%) — powered higher by industrials and cyclical growth (used as a proxy via S&P mirrors).

Tech Snapshot:

• $NVDA (+0,07 %) — slight pullback, yet AI chip demand remains robust.

•$AVGO (-0,12 %) — semiconductor sector continues to outperform.

•$GOOGL (-0,13 %) — incremental gains with cloud division strength.

• $META (-0,06 %) — modest correction post-summer rally.

🇪🇺 Europe

• $EUSTX50 futures +0.1%, $GER40 futures +0.3% — modest gains as markets await earnings and data.

European Banks Spotlight:

The banking sector remains resilient, benefiting from favorable rates and improving balance sheets:

•$UCG (-0,65 %) — buoyed by capital returns.

• $ISP (-0,8 %) — solid Q2 results enhancing investor confidence.

•$BPE (-1,32 %) — steady profitability expansion.

•$BBVA (-0,66 %) — steady loan growth continues to support valuations.

•$CE (-0,66 %)

— consistent performance in niche market operations.

🌏 Asia

• $JPN225 +0.6% — Nikkei rebounds on renewed risk appetite.

• $KOSPI +0.25% — tech sector gains drive South Korea’s index.

• $HK50 & $CHINA50 — muted to modest positive movement amid cautious sentiment.

💱 Forex

• $EURUSD ~ 1.164 — euro sustains gains as the US dollar softens.

• $GBPUSD ~ 1.350 — steady ahead of key UK economic releases.

• $USDJPY ~ 147.1 — yen remains rangebound, little directional impetus.

• $DXY ~ 98.16 — US dollar index edges lower, reflecting broader weakness.

🥇 Gold (GLD)

• $GLD (-0,12 %) — gold steadies on lower yields and weaker dollar backdrop.

🛢 Oil

• $BRENT , $WTI — slight pullback as summer demand eases, per Reuters.

💰 Crypto

• $BTC (-1,58 %)
~ USD 113,755 (+0.8%) — consolidating above 113k amid steady market tone.

• $ETH (-2,08 %)
~ USD 4,375 — holding strength in mid-4k levels.

• $TRX (-1,29 %)
~ USD 0.345 (–1.2%) — modest pullback after recent gains.

• $CRO (-7,83 %)
~ USD 0.3418 (+28.9%) — precise quote from Barchart, reflecting a sharp rally.

Deeper CRO Insight:

Cronos has surged nearly 30%, drawing attention from traders and analysts alike:

• Technical View: According to Barchart, the technical outlook is a “Strong Buy” with the 52-week range between $0.068 and $0.378, highlighting significant volatility and upside potential. Support and resistance levels cluster around $0.212, $0.342, and $0.395.

• Historical Context: CRO’s 2021 all-time high was around $0.96, providing a psychological benchmark for long-term upside.

• Momentum Drivers: The crypto’s latest surge aligns with renewed interest stemming from strategic developments involving platforms like Crypto.com, the Cronos chain, and rumors of integration in media and treasury initiatives.

• Future Outlook: Technical patterns and sentiment suggest CRO sits at a potential breakout inflection. Should it breach near-term resistance (~$0.34), traders will be watching the next zones up to ~$0.40–0.45. Yet, in this volatile space, profit-taking could temper gains quickly.

🔎 Market Takeaway

The U.S. equity indices remain at record highs, reflecting central bank optimism and strong corporate performance. Europe’s banking sector shows disciplined execution amid easing macro risks. Asia stays cautious with selective gains. Commodities hold steady. In crypto, while Bitcoin and Ethereum remain stable, CRO’s breakout is the standout story—suggesting both speculative play and renewed structural interest.

A few years ago, companies treated Bitcoin like a wild experiment — something “too risky" to touch. Fast forward to today, and the story’s flipped.

🚨 KindlyMD just filed for a $5B shelf offering, and part of that war chest is earmarked to buy more BTC for its treasury.

It’s the same playbook we’ve seen from MicroStrategy, Tesla, and others: turning Bitcoin into a corporate reserve strategy rather than just an investment bet.

Every chapter like this pushes the narrative forward — fixed supply, rising demand, and a growing list of institutions treating $BTC as digital gold.

The question isn’t if more companies join in, it's when.

$BTC (-1,58 %)
#crypto
#market

🇺🇸 USA

$SPX500 ~6,427 (-0.2%) — Slight pullback after recent gains

$DJ30 ~45,165 (-0.3%) — Dow continues to consolidate near recent highs

Tech snapshot:

•$NVDA (+0,07 %) — Strong performance driven by AI chip demand

•$AVGO (-0,12 %) — Steady growth supported by semiconductor sector

•$GOOGL (-0,13 %) — Search and cloud earnings lift stock

•$META (-0,06 %) — Minor pullback after recent rally

🇪🇺 Europe

Markets slightly higher, supported by banks and earnings reports

$EUSTX50 futures +0.3%

$GER40 futures +0.4%

European Banks Spotlight:

• $UCG (-0,65 %) — Strong capital returns attract investors

•$ISP (-0,8 %) — Robust Q2 earnings boost confidence

•$BPE (-1,32 %) — Steady growth, improving profitability

•$BBVA (-0,66 %) — Spanish bank supported by stable loan growth

• $CE (-0,66 %) — Niche banking player shows consistent results

Other Selected Stocks:

• $RR. (+0,72 %) — Aerospace recovery continues

• $LDO (+2,33 %) — Defense sector gains momentum

🌏 Asia

$JPN225 (Nikkei) +0.2% — Japanese equities mildly higher

$KOSPI +0.9% — South Korean tech lifts index

$HSI (Hang Seng) +1.5% — Chinese tech rebound

$SHCOMP (Shanghai) +0.7% — Steady gains

$TWII (Taiwan) +2.0% — Semiconductor exports drive growth

$ASX200 near fresh highs — Australian market supported by commodity prices

💱 Forex

$EURUSD ~1.165 — Euro strengthens on softer dollar

$GBPUSD~1.292 — Stable ahead of UK economic data

$USDJPY ~142.0 — Yen firming as US yields ease

$DXY (+0,05 %) lower — Dollar weaker

🥇 Gold (ETF GLD)

$GLD (-0,12 %) — Gold supported by declining yields and risk-off sentiment

🛢 Oil

$WTI ~USD 80.20 (+0.9%) — Supply concerns continue to support prices

$BRENT ~USD 84.10 (+0.8%) — Steady demand keeps Brent firm

💰 Crypto

$BTC (-1,58 %) — Bitcoin consolidates near $110k after recent volatility

$ETH (-2,08 %) — Ethereum remains resilient above $4.4k

$TRX — TRON continues steady rise supported by strong on-chain activity

🔎 Crypto Insight:

Bitcoin shows consolidation after a minor pullback, with investors cautious ahead of US economic data. Ethereum holds its ground, demonstrating market resilience. TRON continues to climb steadily, supported by strong network activity.