Bitcoin mining company IREN announced the completion of a $2.3 billion convertible bond issuance and the repurchase of $544 million in old convertible bonds, achieving a balance sheet restructuring. The new bonds include $1 billion with a 0.25% coupon maturing in 2032, and $1 billion with a 1% coupon maturing in 2033, along with a $300 million greenshoe option. The total net proceeds from this transaction are approximately $2.27 billion, with the remaining funds to be invested in Bitcoin mining, data center expansion, and operational turnover. (CoinDesk)