Bitcoin mining company IREN (NASDAQ listed, formerly Iris Energy) plans to raise $450 million by issuing convertible senior notes to qualified institutional investors, with an additional $50 million issuance option. Part of the funds will be used to execute upper limit call option trades and up to $100 million in prepaid share repurchase agreements to reduce capital dilution and stabilize stock prices, while the remaining funds will be used for general operations and working capital. (TheBlock) http://(wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=43811