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IREN's Trading Volume Surges 95.67% to 2.56 Billion, Ranks 331st in Daily Volume
Generated by AI AgentAinvest Volume Radar
Friday, Jun 6, 2025 8:01 pm ET1min read
On June 6, 2025, IREN's trading volume reached 2.56 billion, marking a 95.67% increase from the previous day. The stock price surged by 8.94%, placing it at the 331st position in terms of trading volume for the day.
IREN Limited reported a record monthly revenue of $2.2 million in May 2025, driven by the continued growth of its AI Cloud Services division. The company is on track to achieve 50 EH/s by the end of June and has seen significant revenue growth in its AI Cloud Services division.
The AI Cloud Services division of
reported a hardware profit of $2.1 million, with a profit margin of 98%. This division has been a key driver of the company's revenue growth, contributing significantly to its overall financial performance.IREN's profit after tax increased by 28% from $18.9 million in Q2 to $24.2 million in Q3. The AI Cloud Revenue Growth saw a 33% quarter-on-quarter increase, further solidifying the company's financial strength.
IREN's Bitcoin mining operations generated $64.7 million in revenue from 627 BTC mined at a 74% profit margin. The AI Cloud Services division contributed an additional $2.2 million with a 98% margin, highlighting the company's diversified revenue streams and strong profitability.
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