💼 IREN TO RAISE $450M — BTC MINER + AI INFRASTRUCTURE PLAY
🪙 $BTC + AI powerhouse IREN is selling
💵 $450M in **convertible senior notes** (2029)
📈 Funds used to counter dilution + hedge risk
🔁 Capped call + forward share repurchase in motion
⚡ Institutional buyers are lining up.
Is this a bullish move for BTC-aligned firms?
👇 Your take?
💬 React:
🐂 Strategic raise
🧠 Smart hedge
📉 Risky debt play?