IREN Gains Attention as $9.7 Billion Microsoft Deal Fuels AI Pivot

IREN ($IREN) is drawing fresh attention as it accelerates a sweeping pivot from a Bitcoin (BTC) mining specialist into an AI data center and GPU cloud infrastructure provider—a shift that is reshaping its valuation debate and amplifying day-to-day volatility in the stock.

On the most recent trading day, IREN shares closed at $47.21, down 1.11% from the prior session, after swinging between an intraday high of $48.39 and a low of $45.05. The wide range underscored how tightly the name is now trading around headlines on AI capacity buildouts, financing updates, and broader crypto market…  Read more

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