Iris Energy Rockets to Record High Amid AI Mining Frenzy – Is the Rally Sustainable?
1. Stock Price and Recent Trend As of Oct 3, 2025 trading, Iris Energy (IREN) 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 (Marathon, Riot) 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 (~16.2M on Oct 3) indmoney.com. The chart is an eye-popping uptrend from its ~$5 low a