IREN and WULF Shares Jump as Companies Launch Billion Dollar Debt Deals

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Artificial intelligence and high performance computing (AI/HPC) miners continue to surge pre-market.

IREN (IREN) is up 6% pre-market above $73 per share, after closing a $1 billion private offering of 0.00% convertible senior notes due 2031.

The deal was oversubscribed and included a fully exercised $125 million greenshoe.

The notes ...