IREN stock price sinks 10% as bitcoin hits a two-month low; earnings date looms
IREN shares fell 10.19% to $53.74 Friday, extending a two-day loss to about 15% as Bitcoin slid to a two-month low near $82,300. Roughly 47 million IREN shares changed hands. The drop followed speculation about U.S. monetary policy and volatility in AI and crypto markets. IREN’s quarterly results are due Feb. 5.