Why IREN Limited Plunged Over 20% in February
Source: Motley Fool
2026-03-10 11:52:00 ET
Shares of IREN, Limited (NASDAQ: IREN) plunged 23.8% in February, according to data from S&P Global Market Intelligence .
IREN has made a name for itself as one of the leading public "neoclouds," which are essentially Bitcoin (CRYPTO: BTC) miners that have pivoted to becoming AI data centers .
During February, the company reported fourth-quarter earnings that continued to show solid progress on its transformation plan; however, it appears Wall Street was looking for bigger and better things amid the hype around AI computing.
ClearShares Piton Intermediate Fixed Income ETF
NASDAQ: BTC
BTC Trading
-0.59% G/L:
$31.375 Last:
2,155,275 Volume:
$31.07 Open:
BTC Latest News
March 11, 2026 09:35:00 am
Got $1,000? Here's How I'd Split It Between Precious Metals and Crypto for the Next Decade
March 11, 2026 06:20:00 am
Don't Do This 1 Very Tempting Thing With Your Bitcoin, Ethereum, or XRP Right Now
