🟢 IREN is trading 4.2% up today as investors reassess AI spending fears following the Awaken deal selloff

IREN is trading 4.2% up today at $54.90 as the relief rally continues following the Awaken acquisition-driven selloff.

• Investors are reassessing AI-related spending fears that previously triggered a sharp decline in share price.
• The move appears driven by company-specific sentiment rather than broader crypto market trends, as Bitcoin shows only modest gains.
• Today's price action extends yesterday's rebound, signaling a potential shift in market perception regarding the long-term value of the deal.