Foresight News|Dec 02, 2025 00:54
[Bitcoin Mining Company Iren Plans to Issue $2 Billion in Convertible Bonds]
According to Foresight News, citing Bloomberg, Bitcoin mining company Iren plans to raise a total of $2 billion through the issuance of convertible bonds. This includes $1 billion in bonds maturing in 2032 with a coupon rate of 0% to 0.25%, and another $1 billion in bonds maturing in 2033 with a coupon rate of 0.5% to 1%. These two batches of bonds have maturities of 6.5 years and 7.5 years, respectively.
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