Will IREN’s $9.3B Funding Cover Its 150K GPU Expansion Costs?

IREN Limited IREN has secured about $9.3 billion worth of funding over the past eight months through customer prepayments, convertible notes, graphics processing units (GPU) leasing and financing. The company aims to use this capital to fund GPU purchases and data center build-out linked to its customer contracts. The company plans to spend about $3.5 […]