🟢 IREN is trading 5.9% up today after completing Mirantis acquisition

IREN is trading at $42.09 (5.9% up) after announcing the completion of its acquisition of cloud software provider Mirantis, Inc.

• The acquisition is aimed at strengthening the company's AI Cloud platform and enhancing its AI workload orchestration capabilities.
• The stock is significantly outperforming modest gains in Bitcoin, suggesting the Mirantis deal is the primary driver of today's price action.
• Broadly higher U.S. equity markets are providing additional support for the stock's upward momentum.