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Jun 11 - 08:55 AM

Bitcoin - Miner IREN Drops After $500 Mln Convertible Debt Deal Priced

By Lance Tupper  —  Jun 11 - 06:39 AM

• Shares of IREN down 4% before the bell at $10.07 after co clinches capital raise

• Australia-based bitcoin miner offering of $500 mln 3.50%

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• 11 of 12 analysts covering IREN rate stock "strong buy" or "buy", 1 has "hold" and median PT is $20.88, latest LSEG data reflects
(Lance Tupper is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters

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