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IREN Stock Is Down More Than 10% Today – But Retail Calls It A Bargain
Retail traders are seeing the IREN stock as a bargain and are buying the dip in the stock.
IREN Stock Is Down More Than 10% Today – But Retail Calls It A Bargain
Retail traders are seeing the IREN stock as a bargain and are buying the dip in the stock.
Traders see a major billion dollar deal as a key catalyst for stock to rally again.
While Armstrong was among the group of people from Coinbase who visited the White House, it is not confirmed whether he met with President Donald Trump.
BMNR’s stock tumbled after hours following the dip in Ethereum’s price amid broader weakness in the crypto market after President Trump’s announcement to implement 15% import tariffs.
The broader stock and crypto markets were under pressure after President Trump’s announcement of 15% tariffs on all goods coming into the U.S.
In a post on X, Coinbase CEO Brian Armstrong said that the market structure bill is “making great progress.”
“We may be in the middle of a crypto winter, but spring is coming — and Bitcoin is winning,” Saylor said in a post on X.
The company posted a net loss of $155.4 million during the second quarter 2026 compared to a profit of $384.6 million it reported in the first quarter.
Shares of Strategy are on pace to finish lower for an eighth consecutive month, marking the longest losing streak in the company’s trading history.
The company is expected to post a revenue of $227.33 million, a more than 100% jump from a year-ago quarter, according to data from Stocktwits.