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IREN Raises $363 Million by Refinancing AI Computing Equipment

IREN raised $363 million by refinancing recently purchased AI computing equipment, providing cash for its expansion.

IREN

IREN (IREN) edged higher on Wednesday morning after the company announced it had raised $363 million by refinancing recently purchased AI computing equipment, providing fresh cash to fuel its expansion.Wingspire Equipment Finance said that it has signed an agreement for Graphics processing unit (GP…