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News
Significance:
5/10

Crypto stocks IREN, NAKA struggle amid convertible note deals

https://cointelegraph.com/news/iren-kindlymd-shares-drop-convertible-note-deals

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Infrastructure
Markets
Regulation
•
Stephen Katte
•
Cointelegraph

Mentions

People
Organizations

Sentiments

Target
Sentiment
Comment
BitcoinBTC
Bearish
Negative market reaction to convertible note deals signals investor caution.
IREN
Bearish
Stock dropped due to concerns over share dilution from the $875M note offering.
Kindly MD
Bearish
Shareholders reacted negatively to the $250M convertible note deal.