🟢 Defiance Daily Target 2X Long IREN ETF is trading 7.4% up today following Iris Energy's acquisition of Nostrum Group for AI expansion

Defiance Daily Target 2X Long IREN ETF is trading 7.4% higher today. This follows Iris Energy's recent completion of its acquisition of Nostrum Group, significantly expanding its AI cloud and data-center capabilities into Europe.

• The acquisition, finalized on June 15, 2026, adds approximately 490MW of secured, grid-connected power in Spain.
• This strategic move underscores Iris Energy's accelerated pivot towards AI infrastructure, generating positive market sentiment.
• The move marks a sharp rebound for the leveraged ETF after two consecutive weak trading sessions.