On June 4, IREN Ltd fell 5.33% in after-hours trading, trading at $61.987/share, with trading volume of approximately $56.4 million.

On the news front, IREN recently completed a $3.65 billion investment-grade GPU financing facility to support the delivery of its AI cloud computing services. While the financing is instrumental in advancing partnerships with Microsoft, Dell, and NVIDIA — including a $1.6 billion Blackwell system procurement from Dell, a five-year $3.4 billion cloud services contract, and up to $2.1 billion in NVIDIA investment — the sheer scale of the debt has intensified market concerns over the company's financial leverage. The most recent quarterly EPS came in at -$0.25, underscoring that profitability has yet to materialize.

Additionally, the stock had rallied sharply in prior sessions on a string of positive catalysts including hardware procurement agreements, a transmission connection agreement for an 800MW data center campus in South Australia, and strategic partnerships with major tech companies. The accumulated short-term gains amplified profit-taking pressure, contributing to the after-hours pullback.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)