IREN Closes $3.65 Billion GPU Financing Facility

IREN has secured a $3.65 billion investment-grade GPU financing facility to support its AI Cloud contract with Microsoft. The funding includes a $2.1 billion U.S. private placement and a $1.55 billion delayed-draw term loan.

By Preeti Singh, SA News Editor · Seeking Alpha · June 1, 2026, 11:41 UTC

IREN Closes $3.65 Billion GPU Financing Facility

Tickers: $IREN $MSFT

Topics: AI Cloud GPU Financing Microsoft Partnership

Read the full article at Seeking Alpha

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