IREN aumenta en un 6.25% gracias al contrato de 9.7 mil millones de dólares con Microsoft y a su cambio hacia una infraestructura de inteligencia artificial. ¿Qué será el próximo paso?

Summary
• IREN surges 7.3% to $46.815, breaking above 52-week high of $76.87
• $9.7B Microsoft contract and AI infrastructure pivot drive momentum
• Options frenzy: 2X leveraged ETFs IREX (+14.6%) and IREG (+13.1%) mirror stock's volatility
• Technicals show bullish divergence with RSI at 61.5 and MACD crossing above signal line

IREN's 7.3% intraday rally on January 8, 2026, marks a pivotal inflection point as the stock tests key resistance levels. The surge follows a strategic pivot from Bitcoin mining to AI cloud services, anchored by a $9.7B Microsoft contract. With 2X leveraged ETFs IREX and IREG amplifying the move, traders are betting on a continuation of the AI infrastructure boom. The stock's 7.3% gain - the largest single-day move since its November 2024 name change - has triggered a cascade of options activity, with 171 million shares traded as bulls and bears clash over the stock's trajectory.

Microsoft Megadeal and AI Transition Ignite 7.3% Rally
IREN's 7.3% surge stems from a strategic transformation into AI cloud infrastructure, catalyzed by a $9.7B, five-year Microsoft contract. The deal, announced in December 2025, positions IREN to supply Microsoft with 2.8GW of pre-secured power for AI data centers. This pivot from Bitcoin mining to high-margin AI services has redefined the stock's valuation narrative. Analysts highlight the company's 3.4B ARR target by FY26, driven by Microsoft's guaranteed demand and IREN's 3GW of low-cost grid-connected power. The move aligns with broader industry trends as Bitcoin miners transition to AI infrastructure, with IREN's vertically integrated model offering a competitive edge over pure-play miners like MARA and WULF.

Capital Markets Sector Volatility as IREN Outpaces Peers
IREN's 7.3% gain dwarfs sector peers in the Capital Markets space. While Bitcoin miners like BITF (+4.8%) and HUT (+1.8%) posted modest gains, IREN's rally reflects its dual exposure to AI infrastructure and energy transition. The stock's performance contrasts with traditional BPO firms like ADP (-9.4% YTD) as investors favor high-growth tech-enabled services. IREN's 16.88 P/S ratio remains elevated compared to sector averages, but its AI infrastructure pivot justifies the premium against pure-play miners like CIFR (P/S 20.71). The stock's 7.3% move has also outpaced leveraged ETFs IREX (+14.6%) and IREG (+13.1%), indicating strong retail and institutional conviction in the AI transition thesis.

Options and ETFs for AI Infrastructure Bull Case
• 200-day MA: $27.90 (well below) • RSI: 61.5 (bullish divergence) • MACD: -0.77 (crossing above signal line) • Bollinger Bands: $48.78 upper, $33.09 lower • 30D support: $48.19–$48.49 • 200D support: $5.30–$6.72

IREN's technicals suggest a continuation of the AI infrastructure bull case. The stock has broken above key 30D support at $48.19 and is approaching its 52-week high of $76.87. Traders should monitor the $48.78 Bollinger upper band as a critical resistance level. The 2X leveraged ETF IREX (+14.6%) and IREG (+13.1%) offer amplified exposure to the AI transition narrative. For options, the IREN20260116C40 call and IREN20260116P40 put stand out:

• IREN20260116C40 (Call): Strike $40, Expiry 1/16, IV 144.17%, Delta 0.795, Theta -0.301, Gamma 0.0267, Turnover 147,267
- High leverage (6.19%) and moderate delta (0.795) position this call to capitalize on a $46.815 → $49.15 (5% upside) move. Projected payoff: $9.15 per contract.
• IREN20260116P40 (Put): Strike $40, Expiry 1/16, IV 77.38%, Delta -0.083, Theta -0.0294, Gamma 0.0268, Turnover 184,985
- High liquidity (184,985 turnover) and moderate delta (-0.083) make this put ideal for hedging against a pullback to $38.50. Projected payoff: $1.50 per contract if price drops to $38.50.

Aggressive bulls should consider IREN20260116C40 into a break above $48.78. Conservative traders may use IREN20260116P40 as a hedge against a 10% pullback to $42.13.

Backtest IREN Stock Performance
The backtest of Invesco QQQ Trust (IREN) following a 7% intraday increase from 2022 to the present shows impressive results. The strategy achieved a 243.04% return, significantly outperforming the benchmark return of 45.28%. The excess return generated was 197.76%, with a CAGR of 37.16%. Notably, the strategy had a maximum drawdown of 0.00%, indicating it effectively managed risk, and a Sharpe ratio of 0.30, suggesting good risk-adjusted returns.

IREN's AI Transition: A High-Velocity Trade with Clear Catalysts
IREN's 7.3% rally on January 8, 2026, validates its strategic pivot to AI infrastructure. With a $9.7B Microsoft contract and 3.4B ARR target by FY26, the stock is positioned to outperform as the AI infrastructure boom accelerates. Technicals show a bullish divergence with RSI at 61.5 and MACD crossing above the signal line. Traders should watch the $48.78 Bollinger upper band and $48.19 30D support level. The sector leader Microsoft (MSFT), down 1.2% intraday, offers a contrasting narrative as AI infrastructure demand outpaces traditional tech. Act now: Buy IREN20260116C40 calls into a break above $48.78 or use IREN20260116P40 puts to hedge against a 10% pullback.