{"id":51496,"date":"2025-10-07T12:16:31","date_gmt":"2025-10-07T12:16:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=51496"},"modified":"2025-10-07T12:16:31","modified_gmt":"2025-10-07T12:16:31","slug":"iren-stock-up-nearly-900-over-6-months-rises-8-before-the-bell-whats-driving-the-surge","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=51496","title":{"rendered":"IREN Stock Up Nearly 900% Over 6 Months, Rises 8% Before The Bell: What&#8217;s Driving The Surge?"},"content":{"rendered":"<div>\n<p>Shares of\u00a0<strong>IREN Ltd<\/strong>\u00a0(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/IREN\">IREN<\/a>) climbed 8% in pre-market trading on Tuesday, as the data center operator announced multi-year agreements with major\u00a0artificial intelligence companies deploying <strong><a href=\"https:\/\/www.benzinga.com\/analyst-stock-ratings\/analyst-color\/25\/10\/48048036\/nvidia-now-an-ai-hedge-fund-goldman-warns-circular-revenue-risk\">NVIDIA Corp.\u2019s<\/a><\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/NVDA\">NVDA<\/a>) Blackwell GPUs.<\/p>\n<h2 class=\"wp-block-heading\">AI Pivot, Cloud Service Deals Drive Stock Surge<\/h2>\n<p>IREN on Tuesday said\u00a0its expanding AI Cloud division remains on track to surpass $500 million in annualized recurring revenue from a combined fleet of 23,000 GPUs that are either active or scheduled to come online by the first quarter of 2026.<\/p>\n<p>Shares in the company are up nearly 900% over the last six months, <a href=\"https:\/\/www.benzinga.com\/trading-ideas\/movers\/25\/10\/48048644\/iren-stock-hits-a-new-all-time-high-whats-going-on\">touching an all-time high<\/a> of $58.28 on Monday. The recent momentum in shares is being fueled by investor optimism about IREN&#8217;s strategic move from a\u00a0<strong>Bitcoin<\/strong>\u00a0(CRYPTO:\u00a0<a href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\" target=\"_blank\" rel=\"noreferrer noopener\">BTC<\/a>) miner to &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/equities\/25\/10\/48071830\/iren-stock-up-nearly-900-over-6-months-rises-8-before-the-bell-whats-driving-the-surge\" alt=\"IREN\" stock up nearly over months rises before the bell: what driving surge>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Shares of\u00a0IREN Ltd\u00a0(NASDAQ:IREN) climbed 8% in pre-market trading on Tuesday, as the data center operator announced multi-year agreements with major\u00a0artificial intelligence companies deploying NVIDIA Corp.\u2019s (NASDAQ:NVDA) Blackwell GPUs. AI Pivot, Cloud Service Deals Drive Stock Surge IREN on Tuesday said\u00a0its expanding AI Cloud division remains on track to surpass $500 million in annualized recurring revenue [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-51496","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/51496","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=51496"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/51496\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51496"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51496"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51496"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}