🔴 IREN is trading 10.38% down as crypto and tech markets slide

IREN is trading 10.38% down at $24.95, with crypto weakness and a broad technology sell-off weighing on shares.

• Bitcoin is down 3.32% and Ethereum 3.56% since prior closes; the Nasdaq is down 2.31%, with reported pressure on crypto-linked shares and weaker risk sentiment consistent with the move.
• IREN’s Spain expansion—a license for a planned 300 MW AI campus and launch of IREN Europe—was reported October 22; available coverage does not identify it as the cause.