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IREN’s $3.65B Financing: The Customer Is the Collateral

Bitcoin.com

Bitcoin News / Bitcoin.com 487 Views

$IREN secured 96% of the $5.81bn GPU capex for its Microsoft contract at a low single-digit all-in financing cost. This was enabled by by the Microsoft lease itself and carries investment-grade credit rating. The following guest post comes from BitcoinMiningStock.io, a public markets intelligence platform delivering data on companies exposed to bitcoin mining, artificial intelligence, […]
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