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Meridian Wealth Management bought IREN shares for $2.995M in Q3 2025; IREN reports Q2 2026 earnings Feb. 5 with expected loss.
Meridian Wealth Management LLC acquired 63,818 shares of IREN Limited, a Sydney-based bitcoin mining data center company, for about $2.995 million in Q3 2025, according to an SEC filing.
The company, with a $15.23 billion market cap, reported a Q4 2025 loss of $0.34 per share, missing estimates by $0.48, though revenue rose 28.3% year-over-year to $240.3 million.
IREN is set to report Q2 2026 earnings on February 5, 2026, with analysts forecasting a loss of $0.07 per share and $229.6 million in revenue.
The stock, trading at $53.74, has a 52-week range of $5.13 to $76.87 and a "Moderate Buy" consensus rating with a target price of $69.36.
Meridian Wealth Management compró acciones de IREN por $ 2.995 millones en el tercer trimestre de 2025; IREN informa las ganancias del segundo trimestre de 2026 el 5 de febrero con pérdidas previstas.