IREN Stock Before the Market Opens Dec. 26, 2025: Microsoft’s $9.7B Deal, a $3.9B Financing Package, and What Analysts Expect Next
IREN Limited (NASDAQ: IREN) last closed at $41.98 on Dec. 24, 2025, with a market cap near $13.8 billion and a 52-week range of $5.13 to $76.87. The stock remains volatile after a $9.7 billion, five-year Microsoft contract for AI infrastructure, with phased deployments at its Texas site through 2026. U.S. markets reopen Dec. 26 following the holiday closure.