IREN stock jumps 11% as bitcoin rallies — what’s driving Nasdaq: IREN today
NEW YORK, Jan 5, 2026, 14:26 EST — Regular session IREN Limited shares climbed about 11% on Monday afternoon, outpacing the broader market as bitcoin pushed higher and traders returned to crypto-linked equities. The stock was last up at $47.36. The move matters because IREN still trades as a high-beta proxy for bitcoin prices, even as it markets itself as an AI infrastructure supplier with large power-backed data center sites. That mix can amplify swings when risk appetite shifts. GlobeNewswire Broader U.S. equities were also firmer, and “we’re seeing a risk on mood,” Steve Sosnick, chief market analyst at Interactive