IREN Limited stock jumps 13% as bitcoin rallies — here’s what to watch next
IREN Limited shares jumped about 13% to $48.24 in late U.S. trading Monday, outpacing other crypto miners as bitcoin rose nearly 3% to $93,904. Trading volume topped 47 million shares. Focus is turning to IREN’s AI cloud expansion and its $9.7 billion Microsoft deal, with next earnings due mid-February.