🟢 IREN is trading 4.77% up in pre-market, partly reversing prior-session losses

IREN is trading at $27.89, up 4.77% in pre-market, partly reversing its 4.00% regular-session decline on October 20.

• Prior-session coverage linked volatility to neocloud funding concerns; co-CEO Daniel Roberts said construction had been cash-funded and those sites carried no debt.
• Bitcoin is up 2.13% over 24 hours but only 0.62% since its last close, a smaller move than IREN. The Nasdaq is up 0.63% pre-market; neither alone establishes the cause.