PANews reported on February 7th that, according to Globenewswire, Nasdaq-listed Bitcoin mining company IREN released its latest financial report, disclosing that it held $2.8 billion in cash and cash equivalents as of January 31, 2026. So far this fiscal year, it has raised over $9.2 billion through customer prepayments, convertible bonds, GPU leasing, and GPU financing. The company disclosed that it will gradually transform towards the field of artificial intelligence and plans to add 140,000 GPUs, expecting to achieve $3.4 billion in annual recurring revenue by the end of 2026.