IREN's Stock Rally Is Just Getting Started

Group 1 - IREN Limited's stock has increased by over 370% since the beginning of 2025, with market capitalization rising from approximately $2.2 billion to about $12.8 billion [1] - The author of the article is a seasoned consulting specialist at a leading Central Asian bank, bringing five years of experience in delivering strategic insights and analysis [1] - Novo Capital was created to discuss investment ideas and gain "alpha" through out-of-consensus information [1] Group 2 - The analyst has no current stock or derivative positions in any mentioned companies but may initiate a long position in IREN within the next 72 hours [1]