Bitcoin miner IREN still gets 82% of revenue from BTC after clearing room for Microsoft AI cloud

IREN cleared space to host Microsoft AI cloud infrastructure but still derives 82% of its revenue from Bitcoin mining. The deal provides some operational diversification and potential steady non-BTC income, yet it does not materially reduce the company’s exposure to Bitcoin price and mining difficulty swings. For Bitcoin, this underscores that miners remain highly dependent on BTC-driven revenue, so network economics and price movements continue to directly shape miner behavior and industry stability.