IREN Limited Stock (NASDAQ: IREN): Latest News, Financing Update, and Analyst Forecasts as of Dec. 15, 2025
IREN Limited shares remain volatile after the company secured a $9.7 billion, five-year AI cloud contract with Microsoft, announced November 3. Early December saw IREN close a major financing round, raising concerns about dilution despite strengthening its balance sheet. Investors are watching execution of the Microsoft deal and the impact of new capital structure after a sharp pullback in December trading. No new company updates were issued on December 15.