Although IREN Limited (NASDAQ: IREN) is one of the best-performing stocks over the past 12 months, this mid-cap gem may be flying under the radar of many investors. And even those who know of IREN may not fully grasp the bullish opportunity.
Prior to 2025, IREN Limited (then known as Iris Energy Limited) built its business on profitable Bitcoin mining, taking advantage of low‑cost hydroelectric power in Prince George, British Columbia. The facility’s location provided access to inexpensive, renewable electricity, giving the company a key strategic advantage.
