IREN Limited stock jumps 10% as bitcoin climbs; traders eye U.S. jobs report next
New York, January 5, 2026, 11:40 EST — Regular session Shares of IREN Limited jumped about 10% in morning trading on Monday as bitcoin rebounded, pulling crypto-linked stocks higher. The Nasdaq-listed stock was up $4.42 at $47.12 by 11:40 a.m. EST, after trading between $43.64 and $47.21, while bitcoin rose about 2.8% to $93,836. The move matters because IREN has become a high-beta bet on both crypto prices and the buildout of computing power for artificial intelligence. Miners’ shares often swing more than bitcoin because revenue tracks the coin price while power and other operating costs tend to move more