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Iren
IREN Raises $2.3B, Repurchases Debt in Balance Sheet Overhaul
The bitcoin miner extended maturities, reduced coupon costs and strengthened its capital structure.
Read moreDetailsIREN Investors Mull Outlook After $3.6B Capital Raise as Jim Cramer Says ‘Sell’
The bitcoin miner turned AI compute provider tumbled on Tuesday and is now down nearly 50% over the past month.
Read moreDetailsIREN Investors Mull Outlook After $3.6B Capital Raise as Jim Cramer Says ‘Sell’
The bitcoin miner turned AI compute provider tumbled on Tuesday and is now down nearly 50% over the past month.
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Iren Plans to Sell Up to $2.3 Billion of Convertible Notes, Shares Drop
The company also plans to sell shares to fund the repurchase of existing debt.
Read moreDetailsIren Plans to Sell Up to $2.3 Billion of Convertible Notes, Shares Drop
The company also plans to sell shares to fund the repurchase of existing debt.
Read moreDetailsIREN Stock Could Soar Nearly 500% by 2028 on Microsoft AI Deal, Says Cantor
IREN has joined the ranks of large-scale "neocloud" providers, said analyst Brett Knoblach, adding credibility to the company’s ambitions to...
Read moreDetailsCrypto Equities Move Higher Pre-Market, But There’s a Twist
Bitcoin leads gains above $106,000, yet a CME gap hints at potential short-term volatility.
Read moreDetailsMicrosoft Deal Supercharges IREN’s AI Ambitions, Canaccord Says
The broker reiterated its buy rating on the stock while raising its price target to $70 from $42.
Read moreDetailsIREN Shares Rise in Pre-Market Trading on Earnings Report, AI Growth Outlook
The company is targeting $3.4 billion in AI Cloud ARR by end of 2026 with expansion to 140,000 GPUs and...
Read moreDetailsIREN Shares Rise in Pre-Market Trading on Earnings Report, AI Growth Outlook
The company is targeting $3.4 billion in AI Cloud ARR by end of 2026 with expansion to 140,000 GPUs and...
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