Iren Limited, a Sydney-based crypto mining firm, noted in its July 2025 release that it had 728 Bitcoins in July this year, and in June it succeeded in mining 620 BTC.
The Nasdaq-listed digital assets miner generated a record revenue of $86 million in July 2025, primarily driven by BTC mining and AI cloud services. Yet Iren has achieved a hardware profit of $66 million, underscoring its high operational efficiency and favorable BTC prices.
It is worth noting that Iren has maintained a low all-in hash cost of $23 per terahash; however, its all-in cash cost per BTC mined was $41,000 compared to an average revenue of $93,000 per BTC.
“We delivered another month of record revenue of $86m and record hardware profits of $66m in July, supported by strong Bitcoin mining economics and continued demand for our AI Cloud services,” said Daniel Roberts, co-founder and co-CEO.
In the same duration, Marathon Digital, a giant in Bitcoin mining, has mined 703 Bitcoin, 25 BTC less than Iren, which secured around $114,891 per Bitcoin, with lower electricity charges of $27,976 per coin bringing around $63.3 million in mining profit with a margin of 76%.
Iren’s revenue from AI Cloud Services in July was $2.3 million, and in June it was $2.2 million, including a hardware margin of 98%.
A quick overview of Iren Ltd’s stock price
According to the data from TradingView, Nasdaq: Iren is trading at $18.32 with an increase of 11.37% in the last trading session, and in a week, it marked an uptick of 14.54%.
With back-to-back bullishness, the stock of Iren is now above 20-day, 50-day, 100-day, and 200-day exponential moving averages, but is trading slightly below its annual price target of $22.18.
It is crucial to note that Iren stock has added 166.67% to its price in the 3-month time frame, in the YTD frame, a 77.69% uptick has been recorded, and in the 52-week time frame, it is up by 112.41%.
Available data notes 224.78 million shares are free floating, and 16.19 million shares are closely held. In Q3, 2025, the reported revenue of Iren was $148.10 million, yet the estimated revenue was $151.96 million, marking a loss of 2.54%.
The reported EPS of Iren Limited in Q3, 2025 was negative 8.79% less than the estimated EPS of $0.11, yet the reported EPS in Q2, 2025 was 2,746.30%.
Iren is expected to report $510.10 million in revenue in 2025, and the EPS in the same year is $0.09.
