Pay with

USD

Supports Visa, Mastercard, SEPA & more

Flexible trading, zero fees

Use your crypto for payments worldwide

Grow your wealth in fiat investment

Basic

Trade crypto freely

Magnify your profit with leverage

Convert & Auto-Invest

Trade any size with no fees and no slippage

Get exposure to leveraged positions simply

Pre-Market Trading

Trade new tokens before listing

Advanced

Trade on-chain with Gate Wallet

Smart access to new on-chain tokens

Smart strategies with automated trading

Follow expert trading strategies

CrossEx Trading

One margin balance, shared across platforms

Access hundreds of perpetual contracts

One platform for global traditional assets

Trade European-style vanilla options

Unified Account

Maximize your capital efficiency

Introduction to Futures Trading

Learn the basics of futures trading

Join events to earn rewards

Use virtual funds to practice risk-free trading

Launch

Collect candies to earn airdrops

Quick staking, earn potential new tokens

Hold GT and get massive airdrops for free

Unlock full access to global stock IPOs

Trade on-chain assets and earn airdrops

Earn futures points and claim airdrop rewards

Investment

Earn interest with idle tokens

Auto-invest on a regular basis

Dual Investment

Profit from market volatility

Earn rewards with flexible staking

Pledge one crypto to borrow another

One-stop lending hub

Premium wealth growth plans

Private Wealth Management

Premium asset allocation

Top-tier quant strategies

Stake cryptos to earn in PoS products

No-liquidation leverage

Mint GUSD for RWA returns

Post, share, and explore crypto trends

Live crypto market analysis

Chat with crypto traders

What is happening in crypto

More

Promotions

Activity Center

Participate in activities to earn rewards

Invite friends to earn referral rewards

Affiliate Program

Earn exclusive commission rewards

Grow influence and earn airdrops

Real-time platform updates

Crypto industry articles

Huge fee discounts

Asset Management

One‑stop asset management solution

Enterprise digital asset solutions

Connects to the Gate application ecosystem

OTC Bank Transfer

Deposit and withdraw fiat

Generous API rebate mechanisms

AI

Your all-in-one conversational AI partner

Use Gate AI directly in your social App

Gate Blue Lobster, ready to go

Gate for AI Agent

AI infrastructure, Gate MCP, Skills, and CLI

Gate Skills Hub

From office tasks to trading, the all-in-one skill hub makes AI even more useful.

Smartly choose from 40+ AI models, with 0% extra fees

Others

Find FAQs and help guides

Learn about crypto investing

Grow with the champions

Proof of Reserves

Gate promises 100% proof of reserves

Keep your assets secure

Bitcoin Miner Iren Raises Nearly $3 Billion in Convertible Notes Due 2033

GateNews

Stocks AI Tokens

2026-05-16 00:21:47

According to CoinDesk, bitcoin miner and AI infrastructure company Iren completed a nearly $3 billion convertible senior notes sale on May 11. The company lifted its initial $2 billion target over three days due to strong investor demand. The 1% notes were priced with a 32.5% conversion premium, implying an initial conversion price of about $73.07 per share. Iren recently signed a five-year $3.4 billion AI cloud agreement with Nvidia and plans to purchase approximately $3.5 billion of GPUs and related equipment from Dell.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related News

Strategy Announces $1.5B Note Buyback; Possible Bitcoin Sales in Funding Mix

Datavault AI Discloses Over $800M in Tokenization Contracts, $75M in Q1 2026 New Deals

Strategy Announces $1.5B Convertible Debt Buyback at $1.38B Cash Price on May 15

Bitcoin Miner IREN Limited Completes $3 Billion Convertible Notes Offering on May 15

Alphabet Raises $3.64B in Record Yen Bond Sale by Non-Japanese Issuer

In-Depth Analysis

Strategy redeems convertible bonds at a $1.5 billion discount, listing selling BTC as a financing option

ChainNewsAbmedia2h ago

Bitcoin miner IREN completes $3 billion convertible bonds, adds more for AI hashrate expansion

ChainNewsAbmedia13h ago

Cerebras IPO raises $5.55 billion, with day-one marketcap reaching $95 billion

Market Whisper23h ago

Comment

0/400

No comments