IREN is trading at $41.51 (+3.1%) as improving crypto sentiment and a steady NASDAQ support mining stocks.
- Bitcoin and Ethereum have gained +1.10% and +1.03% respectively since the last close, providing a tailwind for the crypto mining sector.
- The NASDAQ is up 0.22% as tech holds gains despite rising oil prices driven by geopolitical tensions in the Strait of Hormuz.
- The stock continues its broader uptrend following a +2.39% close on April 13, with no company-specific news reported today.