Exit legacy Bitcoin mining by late 2026
Company: IREN
The claim, verbatim
IREN is transitioning away from its legacy Bitcoin mining operations toward AI cloud infrastructure and expects to complete the transition by late 2026.
Source (primary)
Applied Digital vs. IREN: Which Technology Stock Is a Better Buy for 2027? - The Motley Fool (-, news_article)
View cached copy (2026-11-03)Live source ↗Archive.org ↗
Quote: “The company is actively transitioning away from its legacy Bitcoin ( BTC +0.59% ) mining operations, a process it expects to finish by late 2026.”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms Applied Digital vs. IREN: Which Technology Stock Is a Better Buy for 2027? - The Motley Fool
Quote: “The company is actively transitioning away from its legacy Bitcoin ( BTC +0.59% ) mining operations, a process it expects to finish by late 2026.”