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30 /100
COMPONENT-LIMITED
Score updated Oct 13, 2026

IREN — IREN Limited Dilution Risk Tracker

Track IREN dilution risk with DilutionWatch's stock tracker. DilutionScore™ measures dilution risk across 5 factors — lower scores indicate higher risk of share dilution.

⚠️ Not financial advice. Do your own research before making any investment decisions.

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As of October 13, 2026, IREN Limited (IREN) has a DilutionWatch DilutionScore of 30/100, rated MEDIUM dilution risk. This is a component-limited score because one or more material inputs are unavailable or not applicable. IREN Limited has a market capitalization of $12.44B, 357.38M shares outstanding, 10 institutional holders tracked. Stored dilution-related fields include ATM program capacity of $6.00B.

This page includes automatically generated factual summaries from DilutionWatch data. It is not financial advice, not investment research, and not a recommendation. Do your own research. Read the full disclaimer and terms of service.

Score Breakdown

📋 Offering Ability
50
💰Cash Runway—
📊 Float Risk
22
⚠️ Warrant Exposure
15
🔄 Convertible Debt
60

Dilution Forecast

🌥️
Advisory
Moderate dilution signals present
model est. 25%
🔁 Convertible Conversion model 40%
• Significant convertible debt: 29% potential dilution
• Elevated convertible risk (60/100)
💰 Capital Raise model 18%
• Active ATM program with $6000M remaining capacity
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Market Data

Market Cap$12.44B
Shares Outstanding357.38M
Float327.86M
Cash$5.90B
Debt$7.59B
Short InterestN/A

Source-Backed Evidence Depth

This public preview uses stored DilutionWatch fields and linked SEC/market records only. Missing values are not estimated.

FieldCurrent ValueBasis
DilutionScore30/100DilutionWatch score record
Shares Outstanding357.38MVerified float table or market cache
Public Float327.86MVerified float table or market cache
Market Cap$12.44BMarket data cache
Cash RunwayNot applicable / unavailableDilutionWatch score inputs
Shelf CapacityNone in current score inputsSEC-derived dilution fields
ATM Capacity$6.00BSEC-derived dilution fields
Outstanding WarrantsNone in current score inputsSEC-derived dilution fields

Recent source-backed SEC insight records available on this page: 6.

Recent SEC source mix: 4 3, SC 13G 2, XBRL 1.

The page does not infer future share issuance, financing probability, cash needs, management intent, or price impact when source fields are absent.

Institutional Holdings

10 institutional holders · 69.87M shares
#1 Shaw D.E. & Co., Inc. 11.68M shares
#2 Citigroup Inc. 9.88M shares
#3 Situational Awareness LP 8.70M shares
+ 7 more holders Sign up free to view →

Institutional holder totals are aggregated from ownership filings and may use a different share basis or reporting date than public float. They are not a reconciliation against tradeable float.

Short Interest

Short Interest81.65M
Days to Cover2.3
% of Float24.9%
FINRA data as of Sep 30, 2026

Recent SEC Activity

xbrl XBRL CONVERTIBLE 2026-08-27
SC 13G BENEFICIAL OWNERSHIP 2026-09-30
SC 13G BENEFICIAL OWNERSHIP 2026-08-12
4 INSIDER TRANSACTION 2026-07-01
4 INSIDER TRANSACTION 2026-07-01
Full SEC filing analysis available with free account →

Recent News

Factual IREN Dilution Snapshot

IREN Limited (IREN) has a DilutionScore of 30/100, rated Medium dilution risk. Score date: October 13, 2026.

This automatically generated snapshot is assembled from stored DilutionWatch data fields and may contain data-source errors or omissions. It is not financial advice, not investment research, and not a recommendation. Do your own research and review the full disclaimer and terms of service.

DilutionScore History — Last 90 Days

IREN's DilutionScore is currently 30/100 (Medium risk), with 2 score changes tracked over 89 days. The score improved from 29/100 (Medium risk).

Period Score Risk Level Duration
Oct 09 – Oct 13, 202630/100MEDIUM5 days
Aug 24 – Oct 08, 202629/100MEDIUM46 days
Jul 16 – Aug 23, 202637/100MEDIUM38 days

Score recalculated daily from SEC filings and market data. Sign up free for real-time score change alerts.

Share Dilution History

IREN shares outstanding have increased 7.7% from 331.76M (May 2026) to 357.38M (May 2026). Each increase represents potential dilution to existing shareholders.

Date Shares Outstanding Public Float Change
May 23, 2026357.38M327.86M▲ 7.68%
May 21, 2026357.38M304.46M▼ 7.14%
May 12, 2026357.38M327.86M▲ 0.68%
May 11, 2026331.76M325.63M▲ 7.55%

Share counts sourced from verified regulatory filings. Increases indicate dilution events.

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Score Coverage Note