New York, Jan 24, 2026, 08:51 EST — Market closed.
- IREN closed Friday up 8.46% at $56.68 but dipped a bit in after-hours trading.
- The company scheduled its quarterly results for Feb. 5, followed by a conference call at 5 p.m. ET.
- When markets reopen Monday, traders will get another tool: a new 2x short ETF linked to IREN.
IREN Limited shares jumped 8.46% to close at $56.68 Friday, bouncing back after a volatile week. In after-hours trading, the stock slipped roughly 0.6%. (MarketWatch)
This matters because IREN is a high-beta play straddling AI data centers and crypto-linked computing, with upcoming earnings close enough to trigger positioning moves. Its facilities handle both bitcoin mining and AI cloud services, so the stock often reacts sharply when risk sentiment changes. (Reuters)
U.S. markets are closed for the weekend, so all eyes turn to Monday’s open. The key question: will flows and hedges ramp up ahead of the Feb. 5 report? Another factor is whether the fresh batch of single-stock leveraged products pulls more short-term cash into the action.
Friday’s bounce was messy. IREN kicked off at $52.36, hit a peak of $58.58, dropped to a low of $50.11, and about 56 million shares switched hands. (StockAnalysis)
IREN announced on Jan. 22 it plans to publish its results for the quarter ending Dec. 31, 2025, on Thursday, Feb. 5. The company will hold a conference call at 5:00 p.m. Eastern time that day. In the same release, IREN described itself as an AI cloud service provider operating grid-connected data centers in renewable-energy-rich areas across the U.S. and Canada. (GlobeNewswire)
Once the numbers drop, investors will zero in on how fast AI capacity is rolling out, the pricing trends for compute, and if the company can sustain growth without catching the market off guard on expenses. New info on utilization rates and build-out speed usually carries more weight than minor quarter-to-quarter fluctuations in a stock like this.
Tradr ETFs has rolled out a new weapon for bearish investors: the Tradr 2X Short IREN Daily ETF (Cboe: IREZ). This fund aims to deliver twice the inverse (-200%) of IREN’s daily price moves. “We are excited to bring these inverse exposures to the market,” said Matt Markiewicz, head of product and capital markets at Tradr ETFs. (PR Newswire)
Leveraged and inverse ETFs reset every day. Designed for short-term trades, their returns often stray from the target multiple if held longer, particularly when the underlying stock swings wildly.
Crypto stayed in the mix. Bitcoin hovered near $89,399 early Saturday. U.S.-listed miners Marathon Digital, Riot Platforms, and CleanSpark all closed Friday on a positive note.
The downside scenario is clear. A risk-off shift, a sudden bitcoin drop, or a wary management tone on Feb. 5 could swiftly sour sentiment—especially with leveraged products offering traders extra tools to push short-term bets.
Monday’s reopening will set the pace for the week, as traders digest weekend crypto moves and the initial activity in the new IREN-linked short ETF. Then all eyes shift to Feb. 5, when the company reports on demand and delivery in its AI cloud segment.
