IREN Ltd (NASDAQ:IREN) shares rose 5.78% to $42.11 on Tuesday as Bitcoin traded near $80,000 and broader markets advanced, with the Nasdaq up 0.65%, the S&P 500 up 0.27% and technology stocks leading sector gains at 0.96%. The high-beta crypto-mining stock is moving with broader cryptocurrency momentum ahead of its fiscal fourth-quarter 2026 results, due Thursday after the closing bell. Wall Street expects a loss of 49 cents per share on revenue of $142.32 million, 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 move, representing about $1.96 billion in market value against IREN's roughly $15.7 billion market capitalization. IREN operates renewable-powered data centers in Canada and the U.S. for bitcoin mining and AI cloud infrastructure. Analysts maintain a Buy consensus, while the stock remains below its 180-day average price forecast. Technically, the shares are 3.9% above their 20-day SMA (simple moving average) of $40.51, but 1.8% below the 50-day SMA of $42.87 and more than 9% below the 200-day SMA of $46.31. A death cross (when the 50-day average falls below the 200-day average) formed in August, keeping the intermediate trend biased lower, while the RSI (relative strength index) at 50.33 signals neutral momentum. Resistance is at $43.50 and support is at $37.