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B Riley to Take $100 Million Equity Stake in Publicly Listed Bitcoin Miner Iris Energy
Publicly traded sustainable Bitcoin (BTC) mining firm Iris Energy has signed a deal with investment bank B. Riley Financial per which the latter can buy up to $100 million in equity over the next two years.According to the filing with the US Securities and Exchange Commission (SEC), B. Riley can buy up to 25 million Iris Energy shares over two years starting with September 23, stating that, ...
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