IREN Stock Jumps as Bitcoin Rebounds Above $70,000, but $6 Billion Share-Sale Overhang Lingers
IREN Ltd shares finished Monday up 2.1% at $42.16, having reached as high as $44.69 during the session. Bitcoin regained ground above $70,000, sending crypto-related stocks higher. The token was recently trading 3.3% higher, near $70,504.