AI cloud revenue surpassed mining revenue
Company: IREN
The claim, verbatim
IREN said AI cloud revenue surpassed Bitcoin mining revenue for the first time.
Source (primary)
IREN Advances AI Cloud Pivot With NVIDIA Validation - SuaraGarut.ID (-, news_article)
View cached copy (2026-10-12)Live source ↗Archive.org ↗
Quote: “The company also said AI cloud revenue surpassed mining revenue for the first time”
How we checked this
Checked on October 15, 2026. The cited source supports every part of this claim.
The article reports that IREN said AI cloud revenue surpassed mining revenue for the first time. In the same sentence it refers to IREN's transition away from Bitcoin mining.
Confirmed in the source:
- IREN said AI cloud revenue surpassed its mining revenue for the first time
- The mining business in question is Bitcoin mining
What we did: Read our cached copy of the publisher (https://suaragarut.id/en/iren-ai-cloud-pivot) in full (7,880 characters, retrieved October 12, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN Advances AI Cloud Pivot With NVIDIA Validation - SuaraGarut.ID
Quote: “The company also said AI cloud revenue surpassed mining revenue for the first time”