IREN shares fell 5.13% to $39.72 on Monday, according to Benzinga Pro data, amid pre-earnings anxiety and profit-taking after a volatile period. The Nvidia-backed Bitcoin miner and AI data-center provider is scheduled to release fiscal fourth-quarter 2026 results on Thursday. The stock remains more than 48% below its 52-week high, while Nasdaq futures fell 1.26% and S&P 500 futures declined 0.32%. Bitcoin mining still supplies most of IREN’s revenue despite its shift toward AI data centers. Revenue in the second quarter fell to $144 million from $184 million a year earlier because of lower Bitcoin prices and infrastructure decommissioning, while analysts expect second-quarter revenue to decline 25% year over year to $140 million. Wall Street forecasts annual revenue growth of 41% this year to $422 million and $2.9 billion next year, driven by AI demand, including a $2.8 billion contract with companies such as Figure AI and Perplexity and a $9.3 billion deal with Microsoft. IREN also completed a $625 million acquisition of cloud infrastructure provider Mirantis. Technically, the stock trades above its 20-day simple moving average (SMA), a short-term trend gauge, at $39.92 but below its 50-day SMA at $43.56, 100-day SMA at $47.33 and 200-day SMA at $46.61. Its RSI (relative strength index, a momentum indicator) was 50.88, suggesting neutral momentum. Key resistance is $43.50 and support is $37.