$IREN is pleased to provide our monthly update for June 2025

- Record monthly revenue ($68 million) and hardware profit ($51 million)
- 50 EH/s mid-year target achieved
- AI Cloud expanded with ~2.4k Blackwell GPUs
- $550 million convertible notes offering oversubscribed
- US domestic issuer status transition complete
- Customer and financing workstreams progressing across AI verticals

Press Release: https://t.co/7fCHpBJQpA