December-quarter cash opex increase
Company: IREN
The claim, verbatim
Management guided December-quarter cash operating expenses up $50 million to $60 million sequentially.
Source (primary)
IREN Shares Slump 17% as Bitcoin Mining Revenue Collapses and Microsoft Delivery Slips to 2027 - BigGo Finance (-, news_article)
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Quote: “management guided cash operating expenses up $50 million to $60 million sequentially”
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Additional evidence
confirms IREN Shares Slump 17% as Bitcoin Mining Revenue Collapses and Microsoft Delivery Slips to 2027 - BigGo Finance
Quote: “management guided cash operating expenses up $50 million to $60 million sequentially”