News on November 9, according to documents submitted by Australian Bitcoin miner Iris Energy to the US Securities and Exchange Commission (SEC). Iris Energy plans to be in the initial public offering. Approximately 8.3 million shares were sold at a price of US$25 to US$27 per share.
Iris plans to increase the total computing power to 15.2EH/s in the future. According to data from Glassnode, this computing power has reached about 10% of Bitcoin’s total network computing power as of November 8. In addition, Iris stated that the company has sold all the bitcoins produced by mining.
As previously reported, Iris Energy filed an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC) in October. It plans to raise 100 million U.S. dollars and be listed on NASDAQ under the ticker symbol IREN.