Bitcoin Mining Operations
Company: IREN
The claim, verbatim
IREN's Bitcoin mining operations generate revenue by earning Bitcoin through block rewards and transaction fees
Source (primary)
IREN 424B5 filed 2025-12-01 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Our Bitcoin mining operations generate revenue by earning Bitcoin through a combination of block rewards and transaction fees from the operation of our Bitcoin miners and exchanging these Bitcoin for fiat currencies such as USD or CAD”
How we checked this
Checked on September 16, 2026. The cited source supports every part of this claim.
The overview states that IREN's Bitcoin mining revenue comes from block rewards and transaction fees, which it then exchanges for fiat currency.
Confirmed in the source:
- IREN's Bitcoin mining operations generate revenue by earning Bitcoin through a combination of block rewards and transaction fees
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1878848/000114036125043802/ny20060080x1_424b5.htm) in full (258,246 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN 424B5 filed 2025-12-01
Quote: “Our Bitcoin mining operations generate revenue by earning Bitcoin through a combination of block rewards and transaction fees from the operation of our Bitcoin miners and exchanging these Bitcoin for fiat currencies such as USD or CAD”