Australian green energy Bitcoin mining firm doubles pre-IPO funding round

Published 03/03/2021, 07:12 AM
Updated 03/03/2021, 10:20 AM
Australian green energy Bitcoin mining firm doubles pre-IPO funding round
BTC/USD
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Iris Energy, an Australian firm that invests in Bitcoin (BTC) mining data centers powered by renewable energy sources, has doubled its second pre-initial public offering round.

According to Bloomberg, a 13 million Australian dollar ($10 million) commitment from equity manager outfit Platinum Asset Management has seen Iris increase its second pre-IPO target to 40 million Australian dollars ($31 million) from the initial 20 million Australian dollars set earlier in mid-February.

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