IREN shares gained about 3% in premarket trading following a nearly 5% rise in Bitcoin, which boosted interest in crypto-related stocks. Northland Capital Markets initiated coverage with an Outperform rating and a $99 price target, highlighting IREN's shift from Bitcoin mining to AI infrastructure and cloud services. JPMorgan also upgraded IREN from Underweight to Overweight, raising its price target to $65, reflecting growing confidence in IREN's AI strategy. Despite the bullish outlook, risks remain from Bitcoin price volatility and the need for successful AI deployment and funding.
IREN stock and related crypto markets provide context for Pluang's data snapshot. For readers following crypto assets, here is Pluang's market snapshot as of Sep 21, 2026 23:51 WIB: 41 of 50 major cryptocurrencies rose today. Solana (SOL) gained 6.64% to Rp2.090.485, Litecoin (LTC) rose 6.41% to Rp1.103.375, and Stellar (XLM) increased 6.23% to Rp3.701.
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