🟢 IREN is trading 7.6% up today on NVIDIA partnership for 5GW AI infrastructure

IREN is trading at $61.14 (+7.6%) in pre-market after announcing a major partnership with NVIDIA for a 5GW AI infrastructure buildout.

• The agreement grants NVIDIA a five-year right to purchase up to 30 million shares at $70/share, signaling a significant long-term commitment.
• The stock is rebounding from yesterday's -6.77% drop to $56.85, decoupling from a weak crypto market where BTC is down 0.55% and ETH is down 0.58%.
• The move is company-driven, highlighting investor confidence in the infrastructure expansion despite broader market headwinds.