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Reddit's Most Popular Stock Trades at 19x Sales After 3,568% EBITDA Jump
247Wallst· 2025-12-09 16:41
Reddit Activity Surges on r/stocks This infographic highlights IREN's leading social sentiment score and key catalysts, including a significant Microsoft AI contract and strong profitability, contributing to its positive analyst outlook. Retail enthusiasm centers on three catalysts: Shares of IREN (NASDAQ:IREN) are trading at $47.9, extending an impressive 17% gain over the past week. The stock now commands the highest social sentiment score across all tracked equities, registering 85 out of 100 on Reddit a ...
IREN Raises $2.3B, Repurchases Debt in Balance Sheet Overhaul
Yahoo Finance· 2025-12-09 12:39
Core Insights - IREN, a bitcoin miner, completed a refinancing involving a $2.3 billion convertible senior-note offering and a $544.3 million repurchase of existing convertible notes [1][3] - The refinancing aims to reduce the average annual cash coupon burden and extend the maturity profile of IREN's convertible debt [3] Group 1: Refinancing Details - The new issuance consists of $1 billion of 0.25% notes due 2032, $1 billion of 1% notes due 2033, and a fully exercised $300 million greenshoe to meet excess demand [1] - The repurchase included $316 million of 3.50% notes due 2029 with a $13.64 conversion price and $227.7 million of 3.25% notes due 2030 with a $16.81 conversion price [3] Group 2: Capped-Call Transactions - IREN executed capped-call transactions to hedge against share dilution from note conversions, providing protection up to an initial $82.24 per share [2] Group 3: Use of Proceeds - After covering capped call costs and the repurchase, IREN plans to use the remaining proceeds for general corporate purposes and working capital to support the expansion of its bitcoin mining and data center operations [4] Group 4: Market Reaction - Following the announcement, IREN's stock fell 1% in pre-market trading to $45 per share, approximately 40% below its all-time high in November [4]
IREN Closes $2.3 Billion Convertible Notes Offering and the Repurchase of Existing Convertible Notes
Globenewswire· 2025-12-08 22:02
NEW YORK, Dec. 08, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced the closing of its offering of convertible senior notes and repurchase of certain existing convertible notes. Key details Offering of $2.3 billion convertible senior notes $1.0 billion offering of 0.25% convertible senior notes due 2032$1.0 billion offering of 1.00% convertible senior notes due 2033$300 million greenshoe fully exercisedCapped call transactions expected to provide a hedge upon conversions up to ...
Why IREN Limited Sank Over 21% in November
The Motley Fool· 2025-12-08 10:51
Core Insights - IREN Limited's stock declined by 21.3% in November despite positive company news, primarily due to overall market concerns regarding AI data center funding [1][2] - The company had previously seen a significant appreciation of approximately 500% earlier in the year, leading to profit-taking among investors [2] - IREN's unique position in the AI infrastructure market, supported by a major deal with Microsoft, highlights its potential for growth despite current market challenges [3][4] Company Performance - IREN's market capitalization stands at $13 billion, with a current stock price of $44.80 and a gross margin of 31.17% [3] - The company has secured nearly three gigawatts (GW) of grid-powered capacity, which is a substantial asset in the context of rising energy demands for AI [4] - IREN's dependency on capital markets for funding its GPU data center expansion poses a risk, as evidenced by the recent sell-off in the stock market [7][10] Market Context - The bond market has shown hesitance in funding AI infrastructure projects, impacting IREN and similar companies reliant on debt financing [2][7] - Reports indicated a decline in the value of newly issued bonds tied to AI data centers, affecting even established companies like Oracle [8] - IREN managed to raise $1 billion in convertible bonds prior to the market downturn, but will need to continue securing capital to fully utilize its power capacity [9][10] Future Outlook - If the generative AI boom persists and IREN can raise capital at favorable terms, the company has significant growth potential [10] - However, any freeze in capital markets could hinder IREN's ability to expand and capitalize on its existing assets [10]
7 Hidden Multibagger Stocks to Invest In
Yahoo Finance· 2025-12-07 15:56
Core Insights - The article identifies 7 hidden multibagger stocks that have shown significant returns and potential upside, emphasizing the importance of selecting stocks with strong fundamentals and growth prospects [1][5]. Group 1: Stock Selection Criteria - Stocks were selected based on a minimum return of 75% over the past year and a market capitalization of at least $1 billion [1]. - The shortlisted stocks were required to have at least 30% potential upside, leading to a ranking of the top 7 stocks [1]. Group 2: Market Outlook - The S&P 500 index is expected to show positive performance for the third consecutive year, with AI adoption potentially driving a productivity boom similar to the late 90s [3]. - Goldman Sachs anticipates that reducing tariff uncertainties could enhance economic security, leading to increased capital deployment in defense, energy, and infrastructure sectors [4]. Group 3: Individual Stock Highlights - **Praxis Precision Medicines, Inc. (NASDAQ:PRAX)**: Achieved a 264% price return over the past year with a potential upside of 33%. The company reported positive results from a key study on a treatment for severe epilepsy [6][8]. - **Solaris Resources Inc. (NYSEAMERICAN:SLSR)**: Recorded a 139% price return with a potential upside of 43.36%. The company is focused on copper and other minerals, with a significant project expected to produce 4.5 million tonnes of Copper Equivalent [10][11]. - **Ouster Inc. (NASDAQ:OUST)**: Experienced a 138.5% price return and has a potential upside of 55.37%. The company is noted for its strong client base and growth prospects in lidar sensor technology [14][15]. - **Xeris Biopharma Holdings, Inc. (NASDAQ:XERS)**: Achieved a 75% price return with a potential upside of 61.3%. The company is advancing a new formulation for hypothyroidism treatment [18][19]. - **Applied Digital Corporation (NASDAQ:APLD)**: Saw a 192.6% price return and has a potential upside of 62.36%. The company is investing in advanced cooling systems for data centers, positioning itself for growth in the AI sector [21][22]. - **IREN Limited (NASDAQ:IREN)**: Recorded a 190.5% price return with a potential upside of 91.23%. Despite recent funding challenges, the company has strong fundamentals supported by a significant AI contract with Microsoft [24][26]. - **UniQURE (NASDAQ:QURE)**: Achieved a 186% price return with a potential upside of 117.16%. The company is developing a gene therapy for Huntington's disease, although it faces regulatory challenges [28][29].
Jim Cramer on IREN: “Take the Gain”
Yahoo Finance· 2025-12-06 05:34
IREN Limited (NASDAQ:IREN) is one of the stocks Jim Cramer shed light on. Discussing the company’s deal with Microsoft, Cramer stated: “The super speculative stocks, these remind me of the internet stocks that didn’t make it out of the dot-com era when it came to an ignominious end… I don’t want to repeat that experience. Unfortunately, I seem to be fighting a losing battle. Now, this is a very good company, it’s not fly by night, but it’s called… IREN. It’s formerly known as Iris Energy. It’s a company b ...
IREN Limited (IREN) Stock Reels After Capital Raise
247Wallst· 2025-12-05 17:17
IREN Limited (NASDAQ:IREN) is an emerging contender among technology firms and has drawn attention from risk-tolerant stock traders. ...
Bitcoin mining stocks MARA, CleanSpark rise as network difficulty eases
Yahoo Finance· 2025-12-05 16:24
Multiple Bitcoin mining stocks are ending the week in the green as Friday markets opened, as network difficulty and Bitcoin price put a light breeze behind ailing Bitcoin mining revenues. Network difficulty is down nearly 7% since the beginning of November, pushing a miners towards more profitable levels, per Hashrate Index data. MARA (Nasdaq: MARA) gained 11.97% on the week, followed by CleanSpark’s (Nasdaq: CLSK) 11.75%, and Core Scientific’s (Nasdaq: CORZ) 5.56%, and Hut 8’s (Nasdaq: HUT) 1.04%. On the ...
IREN Limited Soars 371% in 6 Months: Buy, Sell or Hold the Stock?
ZACKS· 2025-12-05 15:36
Key Takeaways IREN has soared 370.6% in 6 months but faces mounting pressure from massive capex needs.Costly AI cloud expansion and site upgrades raise financing strain and execution risk.Earnings revisions and rising competition add to uncertainty despite long-term potential.IREN Limited (IREN) shares have skyrocketed 370.6% over the past six months, outpacing the broader Zacks Finance sector’s return of 8.8% and the Financial - Miscellaneous Services industry’s fall of 2.3%.IREN’s explosive run might look ...
美股异动 | 加密矿企低开高走 Applied Digital(APLD.US)涨超5.8%
智通财经网· 2025-12-04 16:07
Core Viewpoint - The U.S. cryptocurrency mining companies experienced a significant rebound in stock prices, indicating positive market sentiment towards the sector [1] Group 1: Company Performance - Applied Digital (APLD.US) saw an increase of over 5.8% in its stock price [1] - Cipher Mining (CIFR.US) rose by more than 5.6% [1] - CleanSpark (CLSK.US) and IREN Ltd (IREN.US) both experienced gains exceeding 3% [1]