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β‚Ώ **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.

πŸ”— https://www.coindesk.com/markets/2026/05/15/iren-closes-usd3-billion-convertible-notes-deal-amid-ai-infrastructure-expansion

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