IREN’s AI revenue milestone slips to 2027 as $6 billion expansion funding targeted
AI summary
Bitcoin miner IREN has pushed its AI revenue milestone into 2027, with conditional funding covering its initial 0.3GW AI program. The broader FY27 expansion still targets $6 billion in additional financing. Traders watching miner diversification should note the timeline slip, which delays the AI revenue stream that was meant to offset bitcoin mining economics.
