Market Insight : IREN Stock Soars with Record Bitcoin Mining and Revenue Milestones in June
Market Insight : IREN Stock Soars with Record Bitcoin Mining and Revenue Milestones in June Market Insight : IREN Stock Soars with Record Bitcoin Mining and Revenue Milestones in June Company Overview IREN has recently made headlines for achieving a record 620 Bitcoin mined in June, reaching a significant hashrate target of 50 EH/s. This milestone underscores the company’s leading position in Bitcoin mining and innovative revenue strategies. The surge in revenue highlights its operational efficiency and strong market demand moving forward. Technical Indicator Breakdown and Analysis (as of 2025-07-07) EMA12: 153.55503 - The 12-day Exponential Moving Average indicates the short-term price trend, showing recent upward momentum. EMA26: 147.021687 - The 26-day EMA reflects the longer-term trend, supporting sustained positive movement. MACD: 6.53335 - The Moving Average Convergence Divergence value is positive, suggesting bullish momentum is ...