IREN (Iris Energy): How the new Bitcoin mining giant expanded its empire with $413.4 million
Iris Energy (IREN), a NASDAQ-listed Bitcoin mining company based in Australia, recently raised $413.4 million through stock offerings. This funding supports ambitious expansion plans, boosting operations post Bitcoin halving, aiming to achieve 30 EH/s hash rate and expand to 510 MW data centers by 2024.
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