AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
On August 21, 2025,
(IREN) closed at $19.45, reflecting a 0.86% decline. The stock traded with a volume of 16.5 million shares, a 26.96% drop from the previous day’s activity. IREN is ranked 261st in trading volume among listed equities. The company is scheduled to release its full fiscal year 2025 earnings on August 28, accompanied by an investor call to discuss results and future outlook.IREN recently achieved its operating hash rate target of 50 EH/s in June, a milestone expected to boost
mining revenues. The firm reported producing 728 Bitcoin units in July, generating $83.6 million in revenue—a 27.6% increase from June. Additionally, the Bitcoin price rose 8.66% month-on-month to $114,891, further supporting revenue growth. These developments highlight IREN’s operational progress and alignment with Bitcoin’s price trajectory.The strategy of buying the top 500 stocks by daily trading volume and holding them for one day from 2022 to now delivered moderate returns. The CAGR was 6.98%, with a maximum drawdown of 15.59% during the backtest period. The strategy demonstrated steady growth over time, making it a robust choice for investors seeking consistent returns. However, the significant drawdown in mid-2023 highlights the importance of risk management in high-volume trading strategies.

Market Watch column provides a thorough analysis of stock market fluctuations and expert ratings.

Dec.26 2025

Dec.26 2025

Dec.25 2025

Dec.24 2025

Dec.24 2025
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet