IREN stock jumps after Bernstein tags it a top AI pick as bitcoin holds near $91,000
IREN shares jumped 9.3% Monday, outpacing other crypto miners as bitcoin hovered near $91,200 ahead of Tuesday’s U.S. CPI data. About 53 million IREN shares changed hands, with the stock trading between $45.85 and $51.62. Investors are watching IREN’s AI expansion and a $9.7 billion Microsoft deal, as well as upcoming earnings projected for February. Rate cut expectations have shifted after recent U.S. data.
