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Bitcoin Miner IREN Closes $3 Billion Convertible Notes Offering to Fuel AI Transformation

Decrypt · May 15, 2026, 5:28 PM · Also reported by 2 other sources

IREN, a prominent Bitcoin mining firm, completed a $3 billion convertible notes offering to accelerate its AI cloud infrastructure buildout.

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CoinDesk IREN closes $3 billion convertible notes deal amid AI infrastructure expansion CoinDesk Strategy to repurchase $1.5 billion of 2029 convertible bonds using cash or bitcoin sales

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Bitcoin Miner IREN Closes $3 Billion Convertible Notes Offering to Fuel AI Transformation

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