🟢 IREN is trading 4.32% up today as weak July jobs report lifts risk appetite

IREN is trading 4.32% up now at $39.57, supported mainly by broader risk-on sentiment following the unexpectedly weak July employment report and declining Treasury yields.

• The Nasdaq Composite is up 0.85%; Bitcoin is up 0.51% since the previous close and Ethereum is up 0.25%, offering only modest crypto support.
• Recent company developments remain supportive but are not a new August 7 catalyst: IREN completed its $625 million Mirantis acquisition and announced AI cloud contracts that lifted its annualized revenue target above $4 billion.