secwatch.observer — SEC 8-K summary
======================================

Issuer:     IREN Ltd (IREN)
CIK:        0001878848
Form:       8-K
Filed at:   2025-07-07T23:59:59+00:00
Accession:  0001140361-25-024971
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud

IREN reports record June revenue, reaches 50 EH/s self-mining target, expands AI Cloud with Blackwell GPUs
--------------------------------------------------------------------------------

- Record monthly revenue of $68M and hardware profit of $51M in June 2025.
- Reached self-mining target of 50 EH/s installed hashrate at month end.
- Expanded AI Cloud by procuring ~2,400 NVIDIA Blackwell GPUs (B200 & B300).
- Completed $550M oversubscribed convertible notes offering and transitioned to US domestic issuer status.
- Customer workstreams progressing across AI verticals, including powered shells and colocation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1878848/000114036125024971/0001140361-25-024971-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1878848/000114036125024971/ef20051646_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-024971

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer