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

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

2 days ago · News Bitcoin
$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 ...

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