BTC miner IREN to join MSCI USA Index on February 27; stock up ~7%

On February 13, 2026, IREN said it will be added to the MSCI USA Index, with inclusion slated for February 27. The stock rose roughly 7% after the announcement, alongside an AI-focused pivot that includes a five-year $9.7 billion Microsoft deal covering 200 MW. The firm is building toward 4.5 GW of secured power and has outlined annual recurring revenue targets.