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Bitcoin Miner IREN Hits 50 EH/s Midyear Hashrate Target, Eyes AI Expansion

Australian bitcoin BTC$106,725.89 miner IREN (IREN) said it reached its midyear hashrate target of 50 exahashes per second (EH/s) installed self-mining capacity. The growth from 31 EH/s at the end of last year is anchored by IREN’s 750MW site in …

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Bitcoin Miner IREN to Raise $450M From Convertible Debt Offering

Bitcoin BTC$109,750.64 and AI veri center operator IREN plans to raise $450 million through a private sale of convertible senior notes, the company said in a press release. The notes, due in 2029, will be offered to qualified institutional buyers and …

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