Bitcoin Miner to AI Cloud Sensation: Why Iris Energy (IREN) Stock Is Soaring in 2025
Iris Energy (IREN) Stock Performance and News Update as of September 24, 2025 Below we delve into Iris Energy’s latest developments, its dual exposure to Bitcoin and AI, recent news from the past few days, and what experts predict next for this high-flying stock. Market Performance: IREN Stock on a Tear Iris Energy’s stock has been on a parabolic climb in 2025. After starting the year in the single digits, IREN is now hovering in the high-$40s, having nearly quadrupled year-to-date tipranks.com. The rally accelerated in recent weeks as the company rolled out major announcements (discussed below). On September 24, shares spiked over 12% intraday to ~$47