Iris Energy Rockets to Record High Amid AI Mining Frenzy – Is the Rally Sustainable?
As of Oct 3, 2025 trading, Iris Energy is near $49.00 per share, up about 4.2% intraday indmoney.com. The stock closed Sept 30 around $46.93 investing.com and hit an all-time peak of $49.44 on Oct 3 za.investing.com. Over the past month, IREN has surged +66.7%, and +179.6% over 3 months, dwarfing its peers and the S&P 500. The 1-year gain is roughly +460–500% za.investing.com indmoney.com – turning every $10K into ~$56K. Trading volume remains high indmoney.com. The chart is an eye-popping uptrend from its ~$5 low a year ago to ~$49 today indmoney.com za.investing.com. Analysts note the stock is now “overbought” za.investing.com, but the momentum has been undeniable.