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

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

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 ...