B. Riley may purchase up to $100M stake in Bitcoin miner Iris Energy Post author:MiamiCrypto Post published:September 23, 2022 Post category:B. Riley / Business / Iris Energy / Mining Iris Energy’s filing suggested the company planned to use proceeds from the sale to fund growth initiatives including purchasing mining hardware and developing data centers. You Might Also Like Jack Dorsey’s Block Targets Chip Advancement With 3nm Bitcoin ASIC Mining Rig April 23, 2024 Short Sellers Target Bitcoin Miners as Reward Halving Nears, $2 Billion at Stake April 15, 2024 Bitcoin’s Final Million: 20 Million BTC Milestone to Precede 2028 Halving February 17, 2025