IREN is trading at $45.79 (down 4.1%) in pre-market, extending a steep four-day decline. The downward move follows a slide from $56.87 on June 22, pressured by ongoing softness in the cryptocurrency market and a broader pullback in the technology sector. - This slide occurs despite IREN's new multi-year "landmark partnership" with the Golden State Warriors, announced on June 25, 2026, becoming the team's official jersey patch partner. - Micron's strong AI earnings on Thursday, June 25, 2026, briefly supported sentiment, but broader market pressures appear to outweigh IREN's recent positive company-specific news.