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IREN Limited Jumps 6% in a Month: Buy, Sell or Hold the Stock?
ZACKS· 2025-08-22 01:45
Key Takeaways IREN's bitcoin mining revenue jumped 24% in Q3 fiscal 2025, driving strong stock performance.AI Cloud services rose 33% year over year, supported by GPU expansion and new data centers.A 600MW Sweetwater 2 grid deal lifts IRENs secured power to 2.75GW, boosting infrastructure scale.IREN Limited (IREN) shares have jumped 5.8% in the past month, outperforming the Zacks Finance sector’s return of 0.6% and the Zacks Financial Miscellaneous Services industry’s decline of 4.4%.IREN has been benefitin ...