IREN Limited stock: what Monday looks like after a $50 swing and bitcoin back near $90,000
IREN shares closed Friday up 0.7% at $46.03 after swinging between $45.52 and nearly $50 in heavy trading. The company is building new AI data centers in Texas under a $9.7 billion deal with Microsoft, which includes strict deadlines and a 20% upfront payment. Bitcoin hovered near $90,000, keeping crypto and AI-linked stocks volatile. IREN’s next earnings report is expected around Feb. 11.