AI Cloud annualized run-rate revenue of $26M
Company: IREN
The claim, verbatim
Utilized GPUs in AI Cloud Services were generating annualized run-rate revenue of $26 million as of March 31, 2025.
Source (primary)
iren 8-K exhibit (businessupdatevf.htm) (SEC EDGAR (8-K Ex), press_release)
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Quote: “Utilized GPUs generating annualized run-rate revenue of $26 million as of March 31, 2025.”
How we checked this
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Additional evidence
confirms iren 8-K exhibit (businessupdatevf.htm)
Quote: “Utilized GPUs generating annualized run-rate revenue of $26 million as of March 31, 2025.”