Bitcoin mining company IREN completes 2.3 billion USD refinancing and repurchases 544 million USD in old debt

IREN successfully issued 2.3 billion USD in convertible bonds, including bonds with 0.25% interest maturing in 2032 and 1% maturing in 2033.

The company repurchased 544 million USD of its previous debt, decreasing cash interest obligations and utilizing funds to enhance its Bitcoin mining and data center capacities.