
IREN's Bitcoin Mining Still Dominates Revenue Despite Microsoft AI Cloud Deal
Bitcoin miner IREN reports 82% of revenue from BTC even after making room for Microsoft AI cloud services.
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Original coverage across the crypto market, updated daily.

Bitcoin miner IREN reports 82% of revenue from BTC even after making room for Microsoft AI cloud services.

Ionic's quarterly update shows AI lease dominates revenue while Bitcoin mining drives losses.

Tokenization firm Securitize reported record assets under management but lower revenue in its first quarter as a public company.
Analyst sees strong potential as bitcoin mining revenue backs $4.7 billion AI data-center expansion.

Exchange's annual revenue proxy slips just 1.6% as wider spreads mitigate lower volume

Governance proposal targets low-revenue chains and retires 50 asset markets.

Governance vote targets Sonic, Scroll, zkSync, Metis, Soneium and Aptos due to minimal fees.
BitMine Immersion Technologies posts $46.5M revenue, but $9.1B loss from non-cash Ethereum markdown.
JPMorgan and Goldman Sachs lead record earnings, highlighting the strength of traditional finance that stablecoins aim to challenge.
Grayscale Research flags 15 protocols as undervalued on cash flows ahead of potential CLARITY Act passage.
Musk's projection triples Wall Street's estimate and is 53 times SpaceX's expected 2025 revenue.