BlockBeats news: On February 13, IREN, a cryptocurrency mining company listed on U.S. stocks, rose 2.85% during trading, with its market capitalization reaching $13.7 billion.
On the news front, IREN will be included in the MSCI USA Index following the close on February 27. This index covers large- and mid-cap U.S. stocks, representing approximately 85% of the U.S. free-float market capitalization. Inclusion in the index typically results in automatic inflows of capital from passive funds and increases visibility among institutional investors.
