IREN Limited (IREN) Stock on 3 December 2025: Capital Raise, AI Cloud Supercycle and What Analysts Expect Next
IREN Limited (NASDAQ: IREN) — the former Bitcoin miner now repositioned as an AI data‑center and cloud infrastructure player — is back in the spotlight on 3 December 2025 after unveiling a massive capital raise to fund its Microsoft AI deal and refinance older debt. At the same time, Wall Street’s forecasts for IREN point to big upside and big execution risk. Below is a detailed, SEO‑optimized rundown of the latest IREN stock news, forecasts, and analysis as of December 3, 2025. This article is for information only and is not financial advice. IREN stock today: price, performance and volatility