IREN Limited ($IREN) has extended its rally in 2026, rising 27.3% year-to-date as investors increasingly price the company as an ‘AI infrastructure’ play rather than a pure Bitcoin (BTC) miner. The outperformance stands out against a broader pullback in parts of the financial services universe, underscoring how quickly capital is rotating toward GPU-powered compute capacity and long-duration contracted revenue models.
Shares recently traded between $45.05 and $48.386 in the latest session and closed at $47.21. The stock remains well below its 52-week high of $76.87 but far above its 52-week… Read more








