Cantor Fitzgerald, L. P. purchased 3,333,423 additional shares of IREN, estimated at $171.96 million. The quarter-end value of the IREN position increased by $124.65 million, representing a 2.61% rise relative to Cantor Fitzgerald’s 13F AUM. Post-trade, the fund held 5,025,000 IREN shares valued at $131.06 million.

IREN now accounts for 1.99% of Cantor Fitzgerald’s 13F AUM. The company operates vertically integrated data centers and owns computing hardware, with primary revenue from Bitcoin mining and data center services. IREN shares were priced at $40.97 on February 17, 2026, showing a 215.9% increase year-over-year.

Cantor Fitzgerald’s shift towards investing in IREN indicates a strategic move in the neo cloud sector. While the market cap of IREN is significantly lower than other companies, such as CoreWeave, it faces a potential risk due to heavy dependency on a contract with Microsoft. Investors should weigh these factors before considering buying IREN stock.

The Motley Fool Stock Advisor team did not include IREN in their list of best stocks to buy now. They identified 10 stocks with potential for significant returns. Stock Advisor has a total average return of 889%, outperforming the S&P 500. Consider joining an investing community for individual investors to access their latest recommendations.

Read more at Nasdaq Inc.: Cantor Fitzgerald Loads Up 3.33 Million IREN Shares