Iren Plans to Sell Up to $2.3 Billion of Convertible Notes, Shares Drop

Iren, a prominent company, has announced its intention to issue and sell convertible notes valued at up to $2.3 billion. Following this announcement, the company's shares experienced a significant decline in the stock market. source: https://www.coindesk.com/markets/2025/12/02/iren-plans-to-sell-up-to-usd2-3-billion-of-convertible-notes-shares-drop