These Analysts Boost Their Forecasts On Iris Energy Following Q1 Results

Iris Energy Ltd IREN released results for the first quarter on Tuesday.Iris reported first-quarter Bitcoin BTC/USD mining revenue of $49.6 million. The company reported a 28$3.2 million.Adjusted EBITDA was $2.6 million in the quarter. The company said it mined 813 bitcoin in the period and ended the quarter with$98.6 million in cash and cash equivalents. Iris noted that it had $182.4 million in cash as of Oct. 31."We are pleased to report our ...