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IREN: The Dark Before The AI Dawn

Source: SeekingAlpha

2026-02-18 09:45:21 ET

I’ve noticed IREN ( IREN ) is often discussed like a pure narrative stock as investors assume will eventually work out as an AI cloud story but not one that’s expected to prove itself in the near term. Having read the earnings report I don’t think eventually is the appropriate way to think about it anymore. The demand side isn’t the issue, at least not in the way bearers think....

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IREN: The Dark Before The AI Dawn
Iris Energy Limited

NASDAQ: IREN

IREN Trading

6.74% G/L:

$41.534 Last:

26,016,375 Volume:

$39.25 Open:

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IREN Stock Data

$14,264,796,842
316,995,485
10.56%
185
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AU
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