Mining firm Iren completes $2.3B convertible note issuance

U.S. Nasdaq-listed Bitcoin mining company Iren Limited, formerly known as Iris Energy, has completed a $2.3 billion convertible note issuance, CoinDesk reported. The company also finalized the repurchase of $544.3 million in existing convertible notes, resulting in net proceeds of approximately $2.27 billion.