IREN - What's Going On With Bitcoin Mining Stock Iris Energy? | Benzinga
Iris Energy Limited (NASDAQ:IREN) shares are trading higher Tuesday after the company appointed Morgan Stanley as a financial advisor in connection with the evaluation of AI monetization opportunities.
What Happened: Bitcoin (CRYPTO: BTC) miner Iris Energy provided a business update on Tuesday showing that it appointed Morgan Stanley as a financial advisor as it evaluates opportunities in the AI data center market.
The news comes with Iris Energy shares down about 7% over the past week following a short report from Culper Research. The stock fell more than 13% last week after ...