Stock gained 300% in 2025.

Company secures $3.6 billion financing to accelerate AI-cloud infrastructure buildout.

IREN receives mention from CNBC's Jim Cramer.

Exceptional sell volume recorded with intense selling pressure indicating urgent position exit.

Trader closes position at 20% loss citing negative impact from the recent convertible notes offering, anticipates continued range-bound trading unfavorable for call option positions amid broader market exhaustion.

Company announces $1 billion convertible senior notes due 2032 and $1 billion convertible senior notes due 2033 offering.

MSCI flags IREN for potential exclusion from major JPMorgan-endorsed indexes as part of preliminary list of 38 companies with over 50% digital asset holdings, decision deadline January 15th, 2026.

Mining stocks rally while IREN declines, creating performance divergence from sector peers.

Significant call option flow observed on March 20th expiry $55 strike calls, with current prices offering discount to whale entry levels.

Allegations emerge of paid influencer promotional campaigns to shill the stock. TPU-related news affects the company alongside sector competitors CRWV, CIFR, and WULF.

JPMorgan raises price target for IREN and revises sector valuation methodology, increasing datacenter cloud capacity estimates to $19M per MW (up from $12M previously), while noting actual diluted share count exceeds Bloomberg data by 20-33%.

Stock drops from $76 to $41 in after-hours trading and from $54 to $41 intraday.

Stock receives after-hours boost following Nvidia's blowout Q3 earnings results, affecting multiple bitcoin mining stocks including IREN and Cipher.

Issues debt to purchase GPUs as part of AI infrastructure expansion. Stock gains 8% in after-hours trading.

Stock experiences another 50% decline over a 10-day period, with trader identifying an M double top technical pattern.

Shareholder NODE votes against proxy proposals revealing CEO stock awards exceeding $60M that vest based on time (not performance) over 2-3 years, and a compensation plan creating 40% potential equity dilution.

Company trades at 9x book value according to critic who alleges paid promotion activity targeting investors.

Trading firm Susquehanna acquires 20M shares, representing a 7% ownership stake.

Business operates as hyperscaler tenant (not miner) with 80%+ revenue from Microsoft AI contract, carrying $400M GPU debt and $1B in 2031 convertibles with BTC/debt ratio of -0.1, and fails regulatory veto laws.

Price drops from $74 on November 4th to $57 on November 11th, representing a 23% decline. Short seller predicts $10 price target and bankruptcy.

Prominent short seller Jim Chanos focuses on IREN after previous activity with MSTR.

BIT Capital GmbH, a large shareholder, owns 2.4M shares. Power costs are $0.06-$0.07/kWh.

The $9.7B deal includes both Microsoft and Dell as partners, expanding the previously reported Microsoft-only agreement.

JPMorgan upgrades price target to $28 from $24 for December 2026, reflecting recent deal announcements and increased deal probability, partially offset by convertible dilution.

Microsoft cloud compute agreement valued at $9.7B.

Cantor reiterates overweight rating, characterizes the Microsoft deal as much larger and more sophisticated than originally thought, and models IRRs ranging from low teens to 50% depending on financing and residual value.

Earnings call reveals quarterly free cash flow of negative $139M funded by $606M equity issuance and $1B convertible debt, with AI revenue at only $7.3M (3% of total sales); forward guidance targets 140k GPUs and $3.4B ARR by end of 2026.

Earnings report shows revenue of $240.3M versus $228M expected and EPS of 1.08 versus $0.14 estimated, with forward guidance described as substantial.

Trader analysis explicitly warns to "run away" from the business model, contrasting it unfavorably with Marathon Digital's vertically integrated power and compute approach and stating it doesn't align with future US energy and compute infrastructure strategy.

Stock trades at $8, representing a 90% decline from the $80 price level referenced in the tweet.

Bearish arguments surface warning that AI inference efficiency improvements will make infrastructure uneconomic within 5 years, and governments, utilities, and sovereign wealth funds building their own local AI clouds will eliminate the middleman business model as hyperscalers like Microsoft can build direct.

Rug pull allegations emerge with specific fraud claims against leadership including Mike Alfred and "mining mafia," characterizing the Microsoft deal as exit liquidity at current $70 price levels.

Bernstein assigns an outperform rating alongside the previously reported price target increase.

Bernstein raises price target to $125 following the Microsoft deal.

Microsoft signs $9.7 billion deal with IREN.

Bearish trading signal escalates to full exit recommendation after claimed 10x returns, with specific valuation metrics showing IREN trades at 10-25x book value and >25x EBITDA compared to competitor MARA at 1x book and 9x EBITDA.

Multi-billion dollar Amazon deal reported alongside the Microsoft partnership. Bearish institutional trading sentiment emerges with specific recommendation to short the stock in favor of competitor MARA, with warnings of bubble behavior at current $60 price levels.

B. Riley sets $74 price target while IREN represents the largest holding in BITQ ETF.

Deal announced to supply NVIDIA chips to OpenAI, stock trades up 12%.

The Microsoft contract includes a 20% prepayment structure and phased GPU deployment throughout 2026 at the Childress, Texas campus with 750 megawatts total capacity. The stock trades up more than 50% off recent lows.

IREN plans $5.8 billion GPU purchase from Dell and projects $1.9 billion annual revenue, with access to NVIDIA GB300 GPUs for the Microsoft AI cloud contract. The stock ranks #1 on Stocktwits and surges 20%+ following the announcement.

Cantor Fitzgerald raises price target to $142.

IREN secured a $9.7 billion cloud computing contract with Microsoft for operations in Texas, representing approximately 10% of total capacity.

IREN described as not US-aligned and mining blocks for China, presented as competitive disadvantage versus domestically-focused miners in context of DOE/DOD federal involvement in AI data center infrastructure. (Tweet ID: 1984053780795601047)

Multiple BTC mining stocks including IREN have elevated short positions, with prediction of imminent short squeeze across the sector.

IREN leads 10 bitcoin mining stocks in combined social mentions and 24-hour price performance during sector-wide 5-10% bounce.

Stock price drops 18.5% in single-day decline, part of sector-wide selloff affecting all bitcoin mining stocks.

Influential trader with 80k followers no longer favors IREN at 16B market cap valuation and recommends rotation to competitor MARA, reversing previous 2023 recommendation.

Government announces new power allocation policy requiring data centers and AI projects to bid for power instead of first-come, first-serve structure, prioritizing natural resource and manufacturing sectors instead.

JonesResearch reiterates hold rating on IREN today, while competitors HUT, WULF, and RIOT receive buy ratings from the same analyst firm.

IREN operates at 40 EH/s hashrate with 0 BTC in treasury holdings, compared to competitor MARA's 60 EH/s and 53k BTC treasury. IREN purchased land that remains non-energized.

Jim Cramer publicly recommends to sell IREN.

IREN Limited is included as a holding in the Bitwise Crypto Industry Innovators ETF (BITQ), which surpassed $500M in assets under management as of October 8th.

IREN recovers from $54 to $60 intraday with strong dip buying activity in premarket, briefly turning positive during morning hours.

IREN Limited drops -9.53% today as part of a broader double-digit selloff across the Bitcoin mining sector.

CGJ Capital purchased an additional 8,000 shares today.

IREN announces a $1 billion convertible notes offering with a 42.5% premium to fund growth and strengthen the balance sheet.

New all-time high reached at $73.13.

IREN and peer Bitcoin miners trade at $3M per MW versus $8M per MW valuation in BlackRock/Nvidia's $40B Aligned Data Centers acquisition, with 150-500% equity upside potential cited if miners access project finance.

Overnight trading shows price above $72.50, extending beyond the recent all-time high of $70.73.

IREN achieved +68X returns over a full Bitcoin market cycle, outperforming other Bitcoin proxy stocks including CIFR (+53.5X), WULF (+31X), and MSTR (+22X), while Bitcoin returned approximately 7X over the same period.

New all-time high reached at $70.73 with 10% gain, continuing upward price discovery beyond the previously recorded level of approximately $68.

Price reaches approximately $68, breaking above the October 9th all-time high of $64.76 into new price discovery levels.

Cantor issues first $100 price target, upgrading from $49, noting the stock trades at approximately 75% discount to its neocloud peer group on a contracted MW basis.

Social mentions are nearing a 52-week high.

Price retested low $50s in after-hours trading on Friday, representing a pullback from the recent all-time high of $64.76.

$875 million convertible note offering discussed in mining industry podcast content.

Stock achieves new all-time high of $64.76, continuing the breakout momentum from the $61.95 ATH reported on October 6th.

Price is up 130% month-to-date with a 5% daily increase.

Podcast and football club sponsorships are reportedly structured as equity compensation rather than cash payments, raising concerns about potential insider selling pressure from sponsor share holdings with undisclosed terms.

New all-time high achieved at $61.95 with 23% daily gains in after-hours trading, breaking significantly above the October 3rd high of $50.26.

Stock achieves new all-time high of $50.26, up 7% on the day and approximately 14% above the previous ATH of $44.14 reported on September 24th.

Company announces strategic pivot in recent earnings to become its own Cloud Services Provider (CSP) similar to Amazon, Google, and Microsoft, with Fluidstack confirmed as a cloud service client. Only 2% of nearly 3,000 MW power capacity has been converted to AI infrastructure, while Bitcoin mining operations approach $1B in annual profits funding debt-free expansion.

Bernstein raises price target to $75 per share while maintaining outperform rating, representing significant upside from recent all-time high of $44.14.

New all-time high achieved at $44.14, representing 5% gains and extending beyond the previous high of $41.90.

Bearish prediction of overvaluation proven incorrect with 200% gains since the call was made.

Stock achieves new all-time high closing price of $41.90 with 8.4% daily gains, surpassing the previous high of $39.48.

Stock achieves new all-time high of $39.48, extending recent bullish momentum.

New all-time high achieved at $38.48 with record closing price of $37.90, extending recent momentum beyond the previous high of $33.23.

Stock reaches new all-time high of $33.23 with 10% daily gains, surpassing the previous 52-week high of $30.16 reported on September 9th.

New 52-week high achieved at $30.16 representing 15% daily gain.

Anthony Lewis appointed as CFO, moving from Chief Capital Officer role he held since July as the company accelerates its pivot. Company achieves GPU fleet target of 10.9k NVIDIA GPUs with >80% being Blackwells, ahead of year-end timeline.

"Mining Mafia" group identified as conducting coordinated promotional activities, indicating organized shilling behavior that poses potential market manipulation risk.

Announces $193M investment in GPU infrastructure pivot.

Reports FY2025 revenue of $501M (+168% YoY) with $86.9M net income; targets 10.9k GPUs by year-end

Stock surges to new after-hours high of $27.36, marking 18% gain above regular session close.

Stock closes at $21.43, marking new post-IPO high with 9.4% daily gain.

Stock reaches new all-time high of $20.32, extending beyond previous record of $18.37.

Fidelity acquires 8.67M shares, up from 26K, showing major institutional accumulation.

Reports $86M monthly revenue with 3GW announced power capacity, while trading at 4x lower valuation than competitor Nebius.

Mining operations surpass Marathon Digital in Bitcoin production and fleet utilization for July

Stock breaks previous 52-week high, reaching $18.37 with 11.7% daily gain.

Jane Street holds 5.2% stake with over 12M shares.

Stock reaches new 52-week high of $18.18

Acquires 4,300 Blackwell NVIDIA GPUs for $130M, expanding mining capacity with 50MW facility capable of hosting 20,000 GPUs.

Potential deal with Core Scientific (CORZ) in discussion

Proposes $450M convertible notes offering with 2029 maturity date.

Institutional investor "Situational Awareness" reveals position in stock through 13F filing.

Included as top 10 holding (4.16% weight) in Bitwise Crypto Industry Innovators ETF which surpassed $200M AUM

Mining production reaches record high of 579 units, positioning among top 4 producers in April 2025.