IREN (IREN) Added to MSCI USA Index, Boosting Exposure to Institutional Investors

IREN Limited (NASDAQ:IREN) is one of the 10 Best Stocks to Buy in 2026 According to Reddit.

IREN (IREN) Added to MSCI USA Index, Boosting Exposure to Institutional Investors

On February 12, 2026, IREN Limited (NASDAQ:IREN) announced that the company will be part of the MSCI USA Index, effective after market close on February 27, 2026. The MSCI USA Index tracks the large and mid-cap segments of the U.S. equity market. It accounts for roughly 85% of the U.S.’s free float-adjusted market capitalization. With its inclusion in the index, the company anticipates an increase in its exposure to institutional investors and index-tracking funds. IREN Limited (NASDAQ:IREN)’s Co-Founder and Co-CEO of IREN, Daniel Roberts, gave the following comment.

Being added to the MSCI USA Index reflects the scale and liquidity we have built in the business. We believe this milestone will broaden institutional access to IREN as we continue to execute on our AI Cloud strategy.

Preceding this announcement, on a separate occasion, on February 10, 2026, Canaccord Genuity analyst Joseph Vafi reiterated a Buy rating on the stock with a price target of $70.

IREN Limited (NASDAQ:IREN), founded in 2018, operates renewable-energy-powered data centers for Bitcoin mining and AI cloud services. The company has its headquarters in Sydney, Australia.

While we acknowledge the risk and potential of IREN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than IREN and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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