Today: 19 March 2026
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NASDAQ:IREN 24 September 2025 - 4 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 reported FY-2025 revenue of US$501.0 million, up 168% from the prior year, as bitcoin mining and AI cloud revenues climbed. The company mined 5,499 BTC, with average bitcoin prices more than doubling to US$88,100. Net income reached US$86.9 million, reversing last year’s loss. Electricity costs averaged 3.8c/kWh, supporting gross margins near 75%.
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?

Iris Energy (IREN) traded near $49.00 on Oct. 3, up 4.2% intraday and near a record high after surging nearly 500% in a year. The company doubled its AI cloud GPU fleet to 23,000 and posted FY2025 revenue of $501 million, up 168% year-over-year. Analysts raised price targets to as high as $82, though JPMorgan cited valuation risks. IREN now outpaces peers Marathon and Riot in both market cap and stock gains.
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 fell 13.2% to $40.20 after JPMorgan downgraded the stock to Underweight and raised its target to $24. The move follows a week of volatility, including a $674 million GPU expansion and bullish analyst targets up to $82. Bitcoin traded near $109,107, down 2.1%. IREN reported FY2025 revenue of $501 million and its first annual profit.
26 September 2025
Bitcoin Miner to AI Cloud Sensation: Why Iris Energy (IREN) Stock Is Soaring in 2025

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

Iris Energy (NASDAQ: IREN) traded near $47 intraday Sept. 24, up 13% on heavy volume, after doubling AI cloud capacity to 23,000 GPUs and targeting over $500 million in annualized cloud revenue by Q1 2026. Shares have surged 50% in a week and 269% year-to-date, with market cap above $10 billion. FY2025 revenue hit $501 million, net income $86.9 million, aided by Bitcoin’s rise to $113,000.
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Stock Market Today

  • Australia Shares Expected to Fall Slightly, New Zealand Markets Dip
    March 19, 2026, 6:42 PM EDT. Australian shares look set to edge lower in early trade, while New Zealand markets are down slightly. Investors remain cautious amid mixed economic signals and geopolitical tensions. Market participants are watching for updates on commodity prices and central bank policies, which could influence regional equities. Overall, sentiment appears subdued as market players weigh uncertainties ahead.
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