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Benzinga
Benzinga
Business
Adam Eckert

IREN Stock Is Trending Today: What's Going On?

IREN Bitcoin Daniel Roberts Nvidia
Close,Up,Of,A,Shiny,Bitcoin,Btc,Cryptocurrency,Coin,On

IREN Limited (NASDAQ:IREN) shares are volatile Monday morning after rising approximately 20% over the past week. Here’s a look at what’s going on.

What To Know: IREN on Monday provided a mining update for June showing that the company mined 620 Bitcoin (CRYPTO: BTC) last month. IREN said it generated record monthly revenues driven by higher Bitcoin prices despite mining seven less Bitcoin than in May.

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