IREN, a Nasdaq-listed # $BTC miner, plans to raise $450M (plus $50M option) via convertible notes. Funds will help reduce dilution through capped call transactions and support a $100M share buyback. Operating across the U.S. and Canada with 2,910 MW in power, IREN focuses on Bitcoin mining and Al services. Shares rose 1.45% to $10.49, up 0.29% YTD.