Bitcoin Miner Iris Energy Inks $100M Deal as it Contemplates M & A

Bitcoin mining company Iris Energy has agreed on a deal to sell up to $100 million in shares to investment bank B. Riley, as the company contemplates mergers and acquisitions following a recent capital increase (Read More)

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Bitcoin Miner Iris Energy Signs Share Purchase Agreement with B. Riley

The issuance of new shares is meant to help Iris Energy strengthen its capital base to support its Bitcoin mining operations amid the market downturn. (Read More)

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Australia-based crypto miner doubles hash rate after energizing Canadian rigs

Daniel Roberts, Iris Energy co-founder, said the firm had energized the facility on time “despite the current market backdrop and ongoing international supply chain challenges.”

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Iris Energy Raises $71m in Debt Issuance

Iris Energy raised $71 million in debt issuance for new Bitcoin mining equipment. (Read More)

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Crypto founders top young Australian rich list

Seven of Australia's 87 richest entrepreneurs aged 40 and under are crypto founders, according to the Australian Financial Review.

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The First Crypto Miner ETF Unveils in Australia

Australian Bitcoin miner Iris Energy applies for IPO on the Nasdaq. The stock code is "IREN". Reportedly, $100 million has been raised. (Read More)

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Bitcoin miner Iris Energy’s shares surge 20% on expansion announcement

Bitcoin (BTC) miner Iris Energy IREN shares have jumped by nearly 20% following news of its planned 9.1 exahashes/second (EH/s) expansion. Data from Nasdaq shows that miner shares rose to $4.09 from $3.53 during early trading hours of June 20. Expansion plans According to a July 20 press statement, Iris plans to expand its capacity […]

The post Bitcoin miner Iris Energy’s shares surge 20% on expansion announcement appeared first on CryptoSlate.

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Bitcoin Miner Iris Energy Inks AI Cloud Services Deal With Poolside AI

The bitcoin mining corporation Iris Energy, listed on the Nasdaq, has declared its entry into a cloud services partnership with the artificial intelligence (AI) startup Poolside AI. The collaboration with Poolside comes after Iris acquired 248 Nvidia H100 graphics processing units (GPUs) for $10 million in August 2023. Iris Energy Partners With Poolside AI On [...]

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