Crypto concept stock IREN opened against the trend and rose by more than 6%, which may be affected by the $670 million purchase of GPUs.

According to MyStonks data, cryptocurrency concept stock IREN bucked the trend at the opening, now up over 6%. The company previously announced that it had invested approximately $670 million in GPUs from Nvidia and AMD to accelerate the growth of its AI cloud business. MyStonks is a decentralized RWA trading platform that has listed hundreds of RWA tokens, including US stocks and ETF tokens such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, and NVDA.