IREN Shares Face Mounting Pressure Amid Strategic Concerns
17.12.2025 - 16:21:05IREN AU0000185993
The stock of IREN, a company transitioning from Bitcoin mining to artificial intelligence infrastructure, experienced a significant decline this Tuesday. Shares plummeted more than 11%, closing near $36. This marks a steep fall from the record high of $76 reached in November, representing a loss of over half the equity’s value. The sell-off is primarily driven by growing investor apprehension regarding the firm’s aggressive capital strategy, a concern that persists despite IREN’s recent landmark agreement with Microsoft.
Market sentiment presents a contradiction. On one hand, IREN secured a substantial five-year, $9.7 billion AI cloud contract with Microsoft. To fund its planned expansion into high-performance data centers, the company simultaneously raised Read more...
