IREN Limited (NASDAQ:IREN) surged to a new record high on Friday, up 28% to $29.5 before closing at $26.48. The company reported a net income of $86.9 million for 2025, a significant turnaround from a $28.9 million loss the previous year. Revenues jumped 167.6% to $501 million, driven by Bitcoin mining and AI cloud services. IREN also secured a Preferred Partner status from Nvidia Corp., expanding its GPU fleet to 10,900 NVIDIA GPUs.

Read more at Yahoo Finance: IREN Ltd. (IREN) Soars 28% to New High on Nvidia Preferred Partner Status