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

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

Venkatesh

Mon, February 23, 2026 at 12:24 AM GMT+9 1 min read

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IREN

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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 potential of IREN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

**READ NEXT:**11 Best Pipeline and MLP Stocks to Buy in 2026 **and **12 Dividend Stocks With High Insider Buying

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