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26 July 2021

Report: Iris Energy Seeking $200 Million Ahead Of Nasdaq Listing

Report: Iris Energy Seeking $200 Million Ahead Of Nasdaq Listing


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Sustainable bitcoin miner Iris Energy is reportedly seeking a $200 million fundraising round to aid its plans for listing on the Nasdaq.

According to Bloomberg, bitcoin mining company Iris Energy is planning a $200 million fundraising round before seeking a direct listing on the Nasdaq.

Iris currently operates a 9 megawatt (MW) bitcoin mining data center in British Columbia, Canada, and plans to expand it to 30 MW in 2021.

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