December ETH Price Prediction · Posting Challenge 📈
With rate-cut expectations heating up in December, ETH sentiment turns bullish again.
We’re opening a prediction challenge — Spot the trend · Call the market · Win rewards 💰
Reward 🎁:
From all correct predictions, 5 winners will be randomly selected — 10 USDT each
Deadline 📅: December 11, 12:00 (UTC+8)
How to join ✍️:
Post your ETH price prediction on Gate Square, clearly stating a price range
(e.g. $3,200–$3,400, range must be < $200) and include the hashtag #ETHDecPrediction
Post Examples 👇
Example ①: #ETHDecPrediction Range: $3,150–
The IREN plan is to issue $450 million of convertible senior notes for financing.
According to Gate News bot, TheBlock reports that the Nasdaq-listed Bitcoin mining company IREN (formerly Iris Energy) announced a new financing plan. The company is preparing to issue $450 million of convertible senior notes to qualified institutional investors, along with an additional $50 million issuance option.
IREN stated that part of the raised funds will be invested in capped call option trading and prepayment stock repurchase agreements, with a maximum repurchase amount of $100 million. This move aims to reduce equity dilution and stabilize the stock price. The remaining funds will be used to support the company’s daily operations and working capital needs.
Original link