IREN Limited Stock (NASDAQ: IREN) News Today: Why Shares Are Moving on Dec. 22, 2025, Plus Analyst Forecasts and Key Catalysts
IREN shares rose about 5%–6% to around $42 in pre-market trading Monday, following an 11.5% rally Friday. The move comes as Bitcoin traded near $90,000 and IREN appeared among notable premarket gainers. Exchange Traded Concepts LLC increased its stake in IREN, while Wall Street Zen downgraded the stock to “sell.” IREN’s latest quarterly revenue was $240.3 million, still mostly from crypto mining.