Bitcoin Miner Iris Energy Says IPO to Be Priced at $25-$27 per Share

Bitcoin Miner Iris Energy Says IPO to Be Priced at – per Share
Australian bitcoin miner Iris Energy plans to sell about 8.3 million shares at $25 to $27 each from its initial public offering, according to a filing with the SEC.The Sydney-based miner will list its shares on Nasdaq under the ticker “IREN.”JPMorgan, Canaccord Genuity, Citigroup, Macquarie Capital, Cantor Fitzgerald, CLSA and Cowen are joint bookrunners for the deal.The miner will use the net proceeds to fund its growth initiatives, including bitcoin mining hardware purchases and acquisition and development of data center sites and facilitiesIris targets up to approximately 1GW of aggregate power capacity for planned hashrate capacity of 15.2 EH/s, implying…