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IREN Shares April 2025 Monthly Update; Mining Capacity Increased To 40 EH/s Mid-Month, On Track For 50 EH/s By June 30

Benzinga · 6d ago

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IREN Limited (NASDAQ:IREN) (together with its subsidiaries, "IREN" or "the Company"), today published its monthly update for April 2025.

April Highlights

Mining capacity increased to 40 EH/s mid-month
On track for 50 EH/s by June 30
Miners scheduled to ship from Southeast Asia (during 90-day pause on reciprocal tariffs)
AI Cloud Services revenue continuing to grow
Horizon 1 AI Data Center on track for H2 2025 delivery
Customer and financing workstreams progressing

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