IREN stock on watch Monday after Bernstein calls it a “top AI pick” as crypto traders eye CPI
New York, Jan 11, 2026, 07:11 EST — Market closed
IREN Limited enters Monday’s session after Bernstein named the Nasdaq-listed bitcoin miner and AI cloud operator its “top AI pick” in a 2026 crypto outlook. Bernstein analyst Gautam Chhugani recommended investors “start 2026 by buying stocks on the dip,” citing a potential “tokenization supercycle” — where dollars and securities become tradable blockchain tokens — as a key driver for the next phase of crypto demand, TipRanks reported. (TipRanks)
IREN closed Friday up 0.7% at $46.03, after swinging between $45.52 and $49.995 on volume of roughly 41.3 million shares. Bitcoin hovered near $90,641 on Sunday. Among peers, Marathon Digital dropped about 2%…
