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IREN closes $3.65B GPU loan to fund $9.7B Microsoft AI deal
- IREN secures $3.65B investment-grade financing, covering 96% of its GPU purchase obligations in a $9.7B Microsoft AI cloud contract - Facility is the first U.S. private placement of GPU-backed, investment-grade debt, signaling a shift in AI infrastructure financing On June 1, 2026 (UTC), GlobeNew
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