IREN Limited Stock: KPMG Switch, Hedge‑Fund Flows and the Microsoft AI Megadeal – November 29, 2025 Update
IREN Limited (NASDAQ: IREN) — the former Bitcoin miner now marketing itself as a vertically integrated AI cloud and data‑center operator — is ending Thanksgiving week in classic high‑beta style: still volatile, still controversial, and still very much in the market’s spotlight. As of the Black Friday close on November 28, 2025, IREN stock finished at $47.81, down about 1.3% on the day after trading between $47.25 and $51.48 on roughly 19.6 million shares. That’s lighter than its recent average volume near 25.5 million, but still heavy by most standards.StockAnalysis The share price now sits well below the recent 52‑week