IREN shares rose 5.78% to $42.11 on Tuesday as Bitcoin traded near $80,000 and broader markets advanced, reversing part of Monday’s 5.13% decline to $39.72. The Nvidia-backed Bitcoin miner and AI data-center operator is scheduled to report fiscal fourth-quarter 2026 results after the closing bell on Thursday, August 27, 2026. Wall Street expects a 49-cent-per-share loss and $142.32 million in revenue, compared with earnings of 66 cents per share and revenue of $187.30 million in the prior-year period. Options imply a 12.50% post-earnings share-price move, representing approximately $1.96 billion of IREN’s roughly $15.7 billion market value. Bitcoin mining remains IREN’s main revenue source, although its AI business is expanding through a $9.3 billion Microsoft contract, a $2.8 billion deal involving companies including Figure AI and Perplexity, and its completed $625 million acquisition of Mirantis. Analysts maintain a Buy consensus, while technical indicators show neutral momentum and an intermediate trend biased lower.