Bitcoin miner IREN jumps after Q4 profit beat, Nvidia partner status

** Shares of IREN IREN.O up 16.9% before the bell to $26.93 after bitcoin miner swung to qtrly profit and topped Wall Street's expectations

** IREN shares on course for biggest daily pct gain since Nov, if gains hold

** Australia-based bitcoin miner late Thurs reported Q4 net income of $176.9 mln, compared to net loss of $27 mln a yr-ago, surpassing analysts' est of $31.95 mln, per LSEG data

** Co also cited expansion to 10.9k GPUs and $200-$250 mln annualized rev from AI Cloud by Dec 2025, and secured Nvidia NVDA.O Preferred Partner status

** “FY25 was a breakout year financially and operationally, with record results that included strong net income and more than 10x EBITDA growth,” Daniel Roberts, IREN Co-CEO said in statement

** Q4 rev more than tripled to $187.3 mln from $57.44 mln in comparable period, coming in just above consensus view of $186.54 mln

** 10 of 12 analysts covering IREN rate stock "strong buy" or "buy" and 2 have "hold"; median PT is $22, latest LSEG data reflects

** Through Thurs close, stock up 135% YTD