IREN Limited Stock: KPMG Switch, Hedge‑Fund Flows and the Microsoft AI Megadeal – November 29, 2025 Update
IREN Limited appointed KPMG as its new auditor on November 27, replacing Raymond Chabot Grant Thornton. Shares closed at $47.81 on Black Friday, down 1.3% with volume below average. The stock remains up over six-fold year-to-date after an AI pivot and a major Microsoft deal. Previous auditor reports had raised concerns about IREN’s ability to continue as a going concern.