Odaily Planet Daily reports that Nasdaq-listed Bitcoin mining company IREN has released its latest financial report, revealing that as of January 31, 2026, it holds $2.8 billion in cash and cash equivalents. To date in this fiscal year, the company has raised over $9.2 billion through customer prepayments, convertible bonds, GPU leasing, and GPU financing. The company disclosed plans to gradually shift towards the artificial intelligence sector and intends to add 140,000 GPUs, with an expected annual recurring revenue of $3.4 billion by the end of 2026. (Globenewswire)
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