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TechFlow, Oct. 9 — According to GLOBE NEWSWIRE, Bitcoin mining company IREN Limited (Nasdaq: IREN) announced the pricing of $875 million in convertible senior notes with a 0.00% coupon rate, due in 2031.
IREN expects net proceeds of approximately $856.5 million after underwriting discounts, of which about $49.6 million will be used to purchase capped call option transactions, and the remainder for general corporate purposes and working capital.
According to GLOBE NEWSWIRE, Bitcoin mining company IREN Limited (Nasdaq: IREN) announced the pricing of $875 million in convertible senior notes with a 0.00% coupon rate, maturing in 2031. IREN expects net proceeds of approximately $856.5 million after underwriting fees, will use about $49.6 million to purchase capped call transactions, and will use the remaining funds for general corporate purposes and working capital.
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