Bitcoin mining company IREN completes $2.3 billion refinancing and repurchases $544 million in old debt.

The new issuance includes 0.25% interest rate bonds maturing in 2032 and 1% interest rate bonds maturing in 2033, plus an over-allotment option of $300 million. The transaction raised net $2.27 billion, significantly reducing cash interest burdens and extending debt maturity.