IREN Limited Stock Falls After $3.6 Billion Capital Raise: What Today’s Convertible Notes and Share Offering Mean for Investors (3 December 2025)
IREN Limited (NASDAQ: IREN) — the renewable‑powered data‑center operator pivoting from Bitcoin mining into AI cloud infrastructure — is back in the spotlight on 3 December 2025 after announcing the pricing of $2 billion in new convertible notes and a