In short IREN Limited closed a $3 billion convertible senior notes offering to finance AI infrastructure expansion. Net proceeds were $2.96 billion, …
IREN
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Mining
IREN closes $3 billion convertible notes deal amid AI infrastructure expansion
by shayaanby shayaanBitcoin miner and AI infrastructure company IREN (IREN) has completed a $3 billion convertible senior notes offering. The capital raise marks one …
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Scams
Bitcoin Miner IREN Secures $3.4 Billion Nvidia AI Deal, With $2.1 Billion Share Option
by shayaanby shayaanIn brief Nvidia and IREN Limited announced a $3.4 billion cloud services deal, with plans to deploy up to 5 gigawatts of …
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Mining
IREN revenue falls 22% to $145 million as bitcoin miner leans harder into AI
by shayaanby shayaanIREN Limited (NASDAQ: IREN) has announced revenue fell to $144.8 million in the quarter ended March 31, 2026, down from $184.7 million …
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Mining
IREN Price Target Cut as Bernstein Sees Firm Dumping Bitcoin Mining for AI
by shayaanby shayaanIn brief Bernstein cut IREN’s price target from $125 to $100 amid Bitcoin mining scale-down and share dilution, while keeping an Outperform …
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Mining
Bernstein sees IREN pivoting from Bitcoin mining to $3.7B AI cloud business
by shayaanby shayaanIREN could become the next major Bitcoin miner to transition into AI infrastructure following its multi-billion-dollar deal with Microsoft, underscoring a broader …
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Mining
IREN rides Bitcoin mining-era power infrastructure to lead AI data center race
by shayaanby shayaanIREN may win the data center game, based on its available energy contracts from the era of Bitcoin mining. The company has …
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Bitcoin miner IREN has made a huge shift in its strategy. Over the past year, the company invested $800 million in artificial …
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IREN (IREN) earnings showed weaker than expected headline results, with the company missing consensus on both revenue and earnings per share (EPS) …
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Crypto stocks continued their strong downward momentum, erasing billions of dollars, as Bitcoin and other altcoins slumped. Summary Most crypto stocks are …