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IREN's Trading Volume Surges 165.6% to 3.15 Billion, Ranks 287th in Daily Market
Generated by AI AgentAinvest Volume Radar
Friday, Jun 20, 2025 8:08 pm ET1min read
On June 20, 2025, IREN's trading volume reached 3.15 billion, marking a significant 165.6% increase from the previous day. This surge placed
at the 287th position in the daily stock market rankings. The stock price of IREN rose by 6.94%, marking the second consecutive day of gains, with a total increase of 7.27% over the past two days.IREN Limited reported a 24% increase in Bitcoin mining revenue, reaching $141.2 million, and a 33% rise in AI Cloud services revenue, amounting to $3.6 million. This financial performance has likely contributed to the recent bullish sentiment surrounding the company.
IREN Limited experienced unusually high options trading activity on Friday, with investors purchasing 102,248 call options. This surge in options trading suggests a growing interest and optimism among investors regarding the company's future prospects.
IREN Limited has expanded its business model to include an AI Cloud vertical, positioning itself as a hybrid of infrastructure and compute. This strategic move has likely attracted investors who see the potential for growth in both sectors.
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