Bitcoin Miner IREN Closes $3 Billion Convertible Notes Offering for AI Buildout
aiai-fundraisingai-infrastructureai-compute-chips 2 posts · 2 accounts
Bitcoin miner IREN has closed a $3 billion convertible notes offering, providing fresh capital as it accelerates an AI infrastructure push. The company had earlier proposed a $2 billion private offering of convertible senior notes.
The financing comes about a week after a 5-gigawatt strategic partnership with Nvidia, as IREN works toward funding a large AI infrastructure buildout.
From the sources (2 posts)
@theblockcoIREN closes $3 billion convertible notes offering as Bitcoin miner's AI infrastructure push accelerates
@blockspace$IREN closes $3 billion convertible notes offering ⚡️ Just a week removed from a 5 GW strategic partnership with Nvidia, IREN continues to work towards funding its massive AI infrastructure buildout