IREN Stocks Soar 14.8% Amid Shift in Investor Interest
Iren stock experienced significant gains on July 30th, jumping 14.8% by the end of the regular trading hours. This increase brings IREN's price to $37.23 from its opening price of $32.43.
The company's performance is linked to the shift in investor interest towards AI infrastructure plays, with Bitcoin miners now being traded like such investments. This change has led to a fresh wave of capital rotation into the sector.