IREN stock price sinks 10% as bitcoin hits a two-month low; earnings date looms

IREN dropped 10.19% to close at $53.74 on Friday, trading between $52.33 and $58.43 on roughly 47 million shares. The stock has lost around 15% over the last two sessions, while the Nasdaq Composite edged down 0.94%.

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Why IREN stock is rising today: AI data-center optimism lifts the bitcoin miner-turned-cloud play

Shares of IREN Ltd climbed about 4.3% to $45.49 on Thursday, as investors returned to data-center names tied to artificial intelligence computing demand. The stock touched a session high of $45.49 after dipping as low as $42.69.

8 January 2026

Cloud Computing·Data Centers·NASDAQ:APLD·NASDAQ:CIFR·OSE:IREN.O·Stock Market