#IREN Ltd Latest
IREN Ltd, trading on NASDAQ under the ticker IREN, specializes in Bitcoin mining and AI cloud services, operating data centers powered entirely by renewable energy.
On June 10, 2025, IREN announced a $500 million offering of convertible senior notes due in 2029, which was later upsized and closed at $550 million following strong investor demand. The net proceeds, after accounting for capped call transactions and prepaid forward share repurchases, will support general corporate purposes, strategic expansions, and financial hedging strategies aligned with stock price movements.
IREN…
