Shan Ahmed Khan

Shan Ahmed Khan is a senior markets reporter at TS2.tech, specializing in stocks, technology and macroeconomic trends. A graduate of the Lahore University of Management Sciences (LUMS), he previously worked in investment research and market analysis. His coverage helps readers understand the key developments influencing global financial markets and emerging industries.

Why IREN stock is up today: bitcoin bounce sparks an ~12% jump

Why IREN stock is up today: bitcoin bounce sparks an ~12% jump

IREN Limited shares rose about 12% on Friday to $42.25, tracking a rebound in bitcoin and a broad rally across U.S.-listed crypto miners. Bitcoin was up about 1.8% near $89,700 after topping $90,000 earlier, while peers Marathon Digital, Riot Platforms and CleanSpark were up roughly 9% to 13%; IREN traded between $38.10 and $42.40 on the day as volume reached about 19.2 million shares.
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AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 STRONG BUY

Xylem

NYSE: XYL 95 / 100
#2 BUY

AerCap

NYSE: AER 93 / 100
#3 BUY ON WEAKNESS

Visa

NYSE: V 90 / 100
#4 TACTICAL BUY

Chevron

NYSE: CVX 87 / 100
#5 ACCUMULATE

UPS

NYSE: UPS 84 / 100
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Editorial model selection. Not personalised advice.