Bitcoin Miner IREN Completes $3.65 Billion A-Rated GPU Financing for Microsoft AI Buildout
aiai-infrastructureai-compute-chipsai-fundraising 2 posts · 2 accounts
Bitcoin mining company IREN completed $3.65 billion in A-rated GPU financing to support its Microsoft AI cloud contract, funding a Microsoft AI buildout.
The financing is centered on GPU infrastructure and is tied directly to IREN’s work for Microsoft, indicating the package is earmarked for that deployment rather than for general corporate use.
From the sources (2 posts)
@cointelegraph🔥 UPDATE: Bitcoin mining company IREN completed $3.65B in GPU financing to support its Microsoft AI cloud contract.
@theblockcoIREN lands $3.65 billion A-rated financing for Microsoft AI buildout