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Bitcoin mining company and AI infrastructure company IREN announced that it has acquired the creative and media agency Awaken, which focuses on content strategy and brand building for high-growth companies.According to the announcement, some core members of Awaken will join IREN, including Awaken founder and CEO Chris Parker, who will be responsible for IREN's overall branding and marketing strategy.IREN co-founder and co-CEO Daniel Roberts stated that as the company continues to expand into new markets and customer bases, the importance of brand awareness and user engagement is increasing. The Awaken team has long been a trusted partner of IREN, and internalizing these capabilities is a natural step in the company's expansion process.

According to GlobeNewsWire, Bitcoin mining company IREN Limited announced the completion of a $3 billion convertible senior notes offering, with a coupon rate of 1% and maturing in 2033. This offering includes $2.6 billion in initial issuance and $400 million in overallotment options. The net proceeds are approximately $2.96 billion, of which about $201.3 million will be used to pay for capped call option transaction costs, with the remainder used for general corporate purposes and working capital.

According to CoinMarketCap data, the performance of the top 100 cryptocurrencies by market capitalization is as follows:Top five gainers: Immutable (IMX) up 12.7%, current price $0.2087; XDC Network (XDC) up 10.48%, current price $0.03464; Hyperliquid (HYPE) up 9.6%, current price $42.7; Quant (QNT) up 9.07%, current price $78.31; Canton (CC) up 6.95%, current price $0.1629.Top five losers: siren (SIREN) down 52.68%, current price $0.5663; BUILDon (B) down 23.51%, current price $0.519; Terra Classic (LUNC) down 4.89%, current price $0.00008124; Internet Computer (ICP) down 4.43%, current price $2.92; Injective (INJ) down 4.34%, current price $5.22.

According to GlobeNewswire, IREN announced plans to issue $2 billion of convertible senior notes due in 2033, and grant initial purchasers an additional option to purchase up to $300 million. The notes are unsecured senior debt, expected to mature in December 2033, with proceeds partially used for capped call hedging transactions and the remainder for general corporate purposes and working capital.At the same time, IREN also plans to simultaneously unwind part of the capped call hedging positions related to the convertible bonds maturing in 2029 and 2030. The company stated that hedging institutions may engage in derivative and spot trading around IREN stock, which could affect the stock price and the initial conversion price of the new notes.Previously, IREN has become one of the most aggressive companies in the U.S. stock market in expanding AI data center and Bitcoin mining infrastructure, and this large-scale financing may further enhance its capital expenditure and expansion capabilities.

According to Globenewswire, NASDAQ-listed company IREN announced its latest financial report and disclosed that it has signed an AI cloud contract with NVIDIA worth $3.4 billion. IREN will deploy air-cooled Blackwell GPU infrastructure for NVIDIA, with a contract duration of 5 years.The financial report also showed that IREN is accelerating its transition from Bitcoin mining to AI cloud business, with the construction of data centers related to the $9.7 billion contract with Microsoft progressing. As of April 30, IREN held $2.6 billion in cash, and its revenue for the third quarter of fiscal year 2026 was $144.8 million, down from $184.7 million in the previous quarter, with a net loss of $247.8 million impacted by non-cash impairment related to the elimination of mining machines.

According to The Block, Bitcoin mining company turned AI infrastructure firm IREN Limited has reached a strategic partnership with NVIDIA to accelerate the deployment of next-generation AI data centers.The two parties plan to deploy up to 5 gigawatts of NVIDIA DSX architecture AI infrastructure within IREN's global data center network, targeting AI-native, startup, and enterprise customers. As part of the agreement, IREN grants NVIDIA warrants to purchase up to 30 million shares at $70 per share over the next five years; if fully exercised, NVIDIA will pay $2.1 billion. NVIDIA founder and CEO Jensen Huang stated that AI factories are becoming the infrastructure of the global economy, and large-scale deployment requires full-stack deep integration.Future deployments will focus on IREN's 2-gigawatt Sweetwater campus in Texas, serving as the flagship project for NVIDIA's DSX architecture. IREN co-CEO Daniel Roberts noted that this collaboration combines NVIDIA's leadership in AI systems with IREN's expertise in power, land, data centers, and GPU operations. IREN's stock price rose over 25% to above $71 in after-hours trading on Thursday.

According to The Block, Bitcoin mining company IREN Limited has agreed to acquire cloud infrastructure software company Mirantis for approximately $625 million in an all-stock transaction to enhance its AI cloud business layout.This acquisition will bring critical software and "orchestration" capabilities to IREN, helping it better monetize its expanding GPU and data center resources. Mirantis focuses on Kubernetes-based cloud infrastructure tools that enable automated deployment, scaling, and management of containerized applications.Analysts point out that the transaction values Mirantis at about 4 to 5 times its revenue, aimed at helping IREN catch up with AI cloud competitors like CoreWeave and build a complete "full-stack new cloud" capability.This merger is also an important step for IREN in its transformation from a Bitcoin mining company to an AI infrastructure platform. Previously, the company had raised approximately $3.6 billion through equity and convertible bond financing to expand its GPU and data center capacity, with total construction investments expected to exceed $9 billion. After the transaction is completed, Mirantis is expected to operate as an independent subsidiary.

According to on-chain analyst Ai Yi's monitoring, manipulators withdrew 1,369,000 $SIREN from the Binance Alpha wallet in the past 6 hours, worth 2.45 million dollars, with the current chip concentration exceeding 93%.

According to monitoring by an on-chain analysis platform, a mysterious whale has withdrawn 31.55 million SIREN from Binance Alpha in the past two weeks, worth approximately 64.67 million USD.Meanwhile, the price of SIREN has risen by over 150% today.

According to on-chain analyst Yu Jin (@EmberCN), after the SIREN market maker sold off dispersed chips at the beginning of the month, they have re-acquired the chips and increased their token control ratio to over 93%. There has been a resurgence of intense market operations, with SIREN recently rising by 185%, with the price rebounding from a previous low of $0.13 to $2.18.

According to on-chain data analysis, SIREN dropped from about $2 to $0.13 at the beginning of the month. Since April 5, a batch of addresses has been continuously withdrawing tokens from the Binance Alpha wallet, accumulating approximately 30.07 million SIREN, worth about $25.09 million. During this period, the price of SIREN rebounded from $0.13 to about $0.83.Previous on-chain statistics showed that the holding ratio of related addresses was already high.

According to on-chain analyst Yu Jin's monitoring, a SIREN "whale" on-chain address bought back 500,000 SIREN for 144,000 USDT half an hour ago, at a price of 0.288 USD. This 500,000 SIREN was sold by them two weeks ago for 473,000 USDT at a price of 0.947 USD.After the drop, they spent 144,000 USDT to buy back, and the SIREN controlling address currently still holds 645 million SIREN, worth 155 million USD, while its value a week ago was 1.44 billion USD.

According to Coinmarketcap market data, SIREN has dropped 59.38% in 24 hours, with the price falling to $1.01 and the market value dropping to $740 million.Previously, analysts stated that the actual control ratio of SIREN by the market makers reached 88.5%, and the behind-the-scenes operator may be DWF Labs.

According to on-chain analyst Ai Yi (@ai_9684xtpa), address 0x78c...dBE18 accumulated 1.27 million SIREN at a price of $0.07827 each, exited when SIREN was $1.64 each, making a profit of over $2 million, and this address has had financial transactions with DWF LABS.

According to Ember Monitoring, among the top 54 addresses holding SIREN tokens, except for the burn wallet and the Binance Web3 wallet, the remaining 52 addresses are suspected to be owned by the same controlling party. Among these, 48 addresses had previously concentrated SIREN tokens, while the other 4 addresses' SIREN can be traced back to purchases made between the end of June and the beginning of July last year. This controlling party holds a total of 644 million SIREN, accounting for 88.5% of the total supply, valued at $1.44 billion.Ember pointed out that the controlling party profits by controlling almost all spot supply and utilizing contracts, which is the reason for SIREN's 30-fold increase within a month and a half. This controlling party is suspected to be DWF Labs, which holds 3 million SIREN in its public wallet, and after transferring SIREN, there was a concentrated accumulation of 66.5% of the tokens the next day.

According to on-chain analyst Yu Jin's monitoring, the controlling party of SIREN has consolidated chips scattered across hundreds of wallets into 48 wallets in the past few hours, involving approximately 484.6 million tokens, accounting for 66.5% of the total supply, currently valued at about 1.04 billion USD.On-chain data shows that the aforementioned chips were accumulated at an average price of about 0.045 USD through hundreds of wallets by the end of June 2025, with a total expenditure of about 21.8 million USD. SIREN has risen from 0.08 USD to 2.1 USD in the past approximately one and a half months, an increase of about 26 times; the floating profit of the aforementioned holdings is about 47 times.

According to GMGN data, SIREN has risen above $1.15, currently reported at $1.158, with an intraday increase of over 25%.ChainCatcher reminds users that the price of this token is highly volatile, and investors should participate with caution.

According to Arkham data, at 18:09, 2,999,900 SIREN (worth approximately $2.73 million) was transferred from DWF Labs to an anonymous address (starting with 0x4Df6...).

According to official social media news, the Chinese decentralized contract trading platform Sun Wukong has now launched SIREN/USDT, with a maximum leverage of 20 times.