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IREN closes $3 billion convertible notes deal amid AI infrastructure expansion

crypto CoinDesk By James Van Straten Fri, 15 May 2026 09:58:30 GMT 1 min read
IREN closes $3 billion convertible notes deal amid AI infrastructure expansion

Bitcoin miner turned AI infrastructure operator secures one of the sector’s largest financings as investor demand drives multiple upsizes.

Bitcoin miner turned AI infrastructure operator secures one of the sector’s largest financings as investor demand drives multiple upsizes.

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