BTC miner IREN opens in the green, riding AI momentum to MSCI inclusion
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IREN has announced that it will be added to the MSCI USA Index, a major benchmark that tracks the performance of large and mid-cap US stocks, by the end of February. The inclusion is expected to boost IREN’s visibility among institutional investors and index-tracking funds, which may support the company’s long-term price and capital-raising plans. Many ETFs and funds track the MSCI, and a new addition is unlikely to go unnoticed, as a new addition typically triggers automatic buying by entities that track the benchmark. This may trigger a short-term surge in the stock. It also enhances the stock’s visibility among institutional investors, which may support the company’s long-term price and capital-raising plans. IREN’s stock is in the green since it announced its MSCI inclusion. Source: Google Finance Why an MSCI inclusion is a big deal for IREN Daniel Roberts, Co-Founder and Co-CEO of IREN, says that the privilege of being added to the MSCI USA Index is a reflection of the scale and liquidity the company has built in the business. “We believe this milestone will broaden institutional access to IREN as we continue to execute on our AI Cloud strategy,” he said. The announcement comes as IREN continues its transformation from a company focused purely on BTC mining to a dual-purpose player offering mining services and AI cloud services. Notably, the firm is now more invested in AI-centric assets rather than BTC mining operations. In fact, reports claim its current spending on equipment and data centers far outpaces what it earmarked for Bitcoin mining, and this has reportedly gone on since its IPO. How the IREN stock responded to the announcement Since the announcement, IREN’s stock has been in the green, showing a positive bounce that saw it gain roughly 7%. However, the stock is still struggling between…
Filed under: News - @ February 13, 2026 8:23 pm