IREN Limited stock slips after-hours as crypto-miner peers retreat into year-end
IREN shares dropped 2.8% to $38.30 in after-hours trading Tuesday, despite bitcoin rising 1.3%. The decline follows IREN’s $2.3 billion convertible-notes deal and share sale earlier in December. Other U.S.-listed bitcoin miners also traded lower. No new company-specific news was released Tuesday.