IREN and WULF Shares Jump as Companies Launch Billion Dollar Debt Deals

Markets, Iren, AI, News Both companies unveil major note offerings to strengthen balance sheets and accelerate growth in data center and computing infrastructure 

Artificial intelligence and high performance computing (AI/HPC) miners continue to surge pre-market.

IREN (IREN) is up 6% pre-market above $73 per share, after closing a $1 billion private offering of 0.00% convertible senior notes due 2031.

The deal was oversubscribed and included a fully exercised $125 million greenshoe.

The notes …

 CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Read More

More From Author

No Data, No USD Bears. Headwind for Bitcoin?: Crypto Daybook Americas

Blast From the Past: Previous U.S. Government Shutdown Aligned With Bitcoin’s Bear Market Bottom

Leave a Reply

Your email address will not be published. Required fields are marked *