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NASDAQ:IREN 24 September 2025 - 6 October 2025

Bitcoin Miner to AI Cloud Sensation: Why Iris Energy (IREN) Stock Is Soaring in 2025

Iris Energy’s Dual Engine Revolution: Can This Bitcoin Miner Outshine Rivals in 2025 and Beyond?

Iris Energy’s FY‑2025 results highlight how the company is transforming from a mid‑sized miner into a diversified digital‑infrastructure provider. Total revenue surged 168 % to US$501 m, driven by a 186 % jump in bitcoin mining revenue to US$484.6 m and a 430 % increase in AI cloud services revenue to US$16.4 m iren.gcs-web.com. The company mined 5,499 BTC for the year, up from 4,195 in FY‑2024, thanks to a quadrupling of its hash rate to 25.7 EH/s and a bitcoin price that averaged US$88.1k iren.gcs-web.com.
Bitcoin Miner to AI Cloud Sensation: Why Iris Energy (IREN) Stock Is Soaring in 2025

Iris Energy Rockets to Record High Amid AI Mining Frenzy – Is the Rally Sustainable?

As of Oct 3, 2025 trading, Iris Energy 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 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 indmoney.com. The chart is an eye-popping uptrend from its ~$5 low a year ago to ~$49 today indmoney.com za.investing.com. Analysts note the stock is now “overbought” za.investing.com, but the momentum has been undeniable.
IREN Stock Today (Sept 26, 2025): AI Cloud Moonshot Meets Wall Street Reality Check—Is the Rally Just Pausing or Running Out of Fuel?

IREN Stock Today (Sept 26, 2025): AI Cloud Moonshot Meets Wall Street Reality Check—Is the Rally Just Pausing or Running Out of Fuel?

IREN shares are sharply lower after JPMorgan cut the stock to Underweight, even as it lifted its price target to $24 from $16—a call that implies sizable downside from recent levels following a torrid run. The note, summarized by multiple outlets, frames valuation as stretched relative to execution risk in high‑performance compute build‑outs. Investing.com+1
26 September 2025
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