Just-In: Renewable Bitcoin Mining Firm Iris Seeks $200M in New Funding Round

Iris Energy Pty, a Sydney-based renewable Bitcoin mining firm is looking to raise additional capital before making its debut on Nasdaq. The mining firm was reportedly approached by several blank check companies for SPAC listings, however, the firm turned down those offers as it plans for a direct private listing. The firm said at the time that it doesn’t want to liquidate the holdings of existing shareholders,