31-Jan-2025
Grayscale rolls out ETF to give investors bitcoin mining exposure
Seeking Alpha News (Thu, 30-Jan 9:03 AM ET)
IREN Limited (IREN) Pursues Ambitious Expansion Plan Despite DeepSeek’s Impact
TipRanks (Wed, 29-Jan 2:23 AM ET)
DeepSeek's rise triggers 'overdone' selloff in bitcoin mining stocks, analyst says
Seeking Alpha News (Tue, 28-Jan 11:41 AM ET)
Globe Newswire (Tue, 21-Jan 8:18 AM ET)
IREN December 2024 Monthly Update
Globe Newswire (Tue, 7-Jan 6:19 AM ET)
IREN Achieves 31 EH/s Year-End Target
Globe Newswire (Mon, 23-Dec 6:24 AM ET)
IREN closes $440 million convertible notes offering
Globe Newswire (Fri, 6-Dec 4:21 PM ET)
Globe Newswire (Fri, 6-Dec 4:00 PM ET)
PRNewswire (Fri, 6-Dec 2:00 PM ET)
IREN Ltd is engaged in data center business powering the future of Bitcoin, AI and beyond utilizing renewable energy.
Iren Limited - trades on the NASDAQ stock market under the symbol IREN.
As of January 31, 2025, IREN stock price declined to $10.22 with 12,042,519 million shares trading.
IREN has a beta of 4.13, meaning it tends to be more sensitive to market movements. IREN has a correlation of 0.22 to the broad based SPY ETF.
IREN has a market cap of $2.19 billion. This is considered a Mid Cap stock.
In the last 3 years, IREN traded as high as $17.97 and as low as $1.02.
The top ETF exchange traded funds that IREN belongs to (by Net Assets): WGMI, DAPP, BKCH, STCE, KOMP.
IREN has outperformed the market in the last year with a return of +160.7%, while the SPY ETF gained +26.1%. In the last 3 month period, IREN beat the market returning +12.1%, while SPY returned +6.2%. However, in the most recent 2 weeks IREN has underperformed the stock market by returning -14.8%, while SPY returned +0.7%.
IREN support price is $9.56 and resistance is $11.04 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IREN shares will trade within this expected range on the day.