June quarter AI cloud revenue
Company: IREN
The claim, verbatim
IREN generated $70.5 million from AI cloud services in the June quarter, surpassing Bitcoin mining revenue for the first time.
Source (primary)
IREN Validates AI Virtualization Stack on NVIDIA Systems Amidst Operational Challenges - SSBCrack (-, news_article)
View cached copy (2026-10-12)Live source ↗Archive.org ↗
Quote: “For the June quarter, the company generated $70.5 million from AI cloud services”
How we checked this
Checked on October 15, 2026. The cited source supports every part of this claim.
The article reports $70.5 million in June-quarter AI cloud revenue. It also says AI cloud revenue surpassed mining income for the first time.
Confirmed in the source:
- IREN generated $70.5 million from AI cloud services in the June quarter
- IREN's AI cloud revenue surpassed its Bitcoin mining revenue for the first time
What we did: Read our cached copy of the publisher (https://news.ssbcrack.com/iren-validates-ai-virtualization-stack-on-nvidia-systems-amidst-operational-challenges/) in full (5,733 characters, retrieved October 12, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN Validates AI Virtualization Stack on NVIDIA Systems Amidst Operational Challenges - SSBCrack
Quote: “For the June quarter, the company generated $70.5 million from AI cloud services”