Bitcoin Miner Iris Energy Signs $100M Equity Deal With B. Riley

Bitcoin Miner Iris Energy Signs $100M Equity Deal With B. Riley


B. Riley may buy up to 25 million of IREN ordinary shares in the 24 months starting Friday, according to a filing with the U.S. Securities and Exchanges Commission. If the bank chooses to buy all of those shores for about $100 million, it would have a 31% stake in the miner, the filing said.

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Thanks for sharing!
Send this to a friend