B. Riley may purchase up to $100M stake in Bitcoin miner Iris Energy
Bitcoinबी. रिले बिटकॉइन माइनर आइरिस एनर्जी में $100 मिलियन तक की हिस्सेदारी खरीद सकता है09 / 24 / 2022बिटकॉइन एथेरियम समाचार Australia-based crypto mining firm Iris Energy has signed a deal with B. Riley giving the capital market company the option to purchase up to 25 million of its shares. According to a Friday filing with the United States Securities and Exchange Commission, Iris Energy करार an agreement with B. Riley Principal Capital II related to the “potential offer and sale” of up to 25 million of the Bitcoin (बीटीसी) mining firms ordinary shares, worth $100 million. The filing states B. Riley has a 24-month timeframe to complete the purchase starting “as soon as practicable” after the effective date of the registration statement. Because Iris Energy qualifies as a “foreign private issuer” under U.S. securities laws, the firm said it intended to follow “most Nasdaq corporate governance listing standards” while also adhering to Australian law. The company already expected to issue 198,174 shares to B. Riley “as consideration for its irrevocable commitment” to purchase more shares. According to Iris Energys filing, the company planed to use proceeds from the sale to fund growth initiatives including purchasing mining hardware and developing data centers: “As of the