Browsing Tag
Iris energy
4 posts
Iris Energy shares plunge 14% on AI computing support doubts
Shares of Australian Bitcoin miner Iris Energy dropped 14% on Friday after Culper Research questioned the firm’s ability…
Australian Bitcoin miner under pressure to repay $107.8 million debt
Iris Energy received a notice of demand from its lender and Bitcoin rig maker Bitmain Technologies for allegedly…
Iris Energy unplugs hardware collateralizing $100 million loan
SEC filing shows that Iris Energy has responded to a default notice by unplugging hardware to collateralize the…
Iris Energy’s SEC Filing Shows Debt Held in Special Purpose Vehicles
Iris Energy claims that its bad debt is contained by special purpose vehicles. According to a SEC filing,…