NASDAQ:IREN 25 January 2026 - 24 February 2026

IREN shares jumped 10.4% to $46.15 in after-hours trading Monday, outpacing other crypto miners as bitcoin slipped 1%. The move followed last week’s quarterly update, which showed a net loss of $155.4 million and revenue down to $184.7 million, but highlighted $3.6 billion in GPU financing for its Microsoft AI cloud contract.

IREN shares dropped 11.4% to $39.79 in premarket trading Friday after posting a $155.4 million net loss and $184.7 million in revenue for Q2. The decline follows an 11% slide Thursday as investors scrutinize financing and delivery timelines for a $9.7 billion Microsoft GPU-services contract. IREN reported $2.8 billion in cash and a $1.9 billion customer prepayment as of Jan. 31. Bitcoin fell 7.8% to $65,995 early Friday.

IREN shares plunged nearly 19% to $43.99 Wednesday, erasing prior gains as investors pulled back before quarterly results due after Thursday’s close. Jane Street disclosed a 4.7% stake in a recent filing. Trading volume topped 46 million shares. Other crypto-linked stocks, including Riot Platforms and Marathon Digital, also fell sharply.

IREN Limited shares fell 1.2% to $53.08 Monday, trading between $49.67 and $55.04 on volume over 40 million. A regulatory filing showed Jane Street owns 4.7% of IREN’s shares, including convertible bonds. The company will report quarterly results Feb. 5, as it shifts focus from bitcoin mining to AI-cloud services. Bitcoin rose 1.5% late in the session to about $78,775.

IREN Limited shares climbed 4.9% to $62.94 in after-hours trading Wednesday after a volatile session. Investors are focused on the company’s Feb. 5 earnings call for updates on AI data centers and mining operations. Bitcoin hovered near $89,000, while other crypto-linked stocks showed mixed moves.