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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
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The Delaware-based company, which started mining in September 2020, will trade under the ticker RHDM. The miner generated revenue, net income and adjusted EBITDA of $48.2 million, $14.9 million and $40.9 million, respectively, during the six months ended June 30, according to the filing. Source
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Robinhood had a net loss of $1.32 billion this past quarter, recording a plunge of 78% in revenue from crypto transactions from 2Q. Their shares dropped 12% to $34.80 at 9:46 a.m. in New York, $38 below the IPO price in late July, Bloomberg reported. Robinhood Markets Inc. shares down to
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Australian bitcoin mining company Iris Energy filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC) to raise up to $100 million.The Sydney-based company said on Monday that it intends to list its ordinary shares on the Nasdaq Market under the ticker symbol “IREN.”The shares
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Stronghold, which coverts coal waste into mining power, operates 3,000 miners, with a hashrate capacity of about 185 petahash per second. It plans to bring its total hashrate capacity to more than 2,100 PH/s by December and to more than 8,000 PH/s by December 2022. Source
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According to the filing, the blockchain firm intends to seek out companies with “significant competitive advantages and/or underexploited expansion opportunities.” The expansion can be accomplished through a “combination of accelerating organic growth and finding attractive add-on acquisition targets,” the company notes. Source
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U.S. Bitcoin mining company Stronghold Digital Mining will list almost six million shares in an initial public offering on the Nasdaq.Stronghold plans to list 5,882,352 Class A common stock shares priced between $16 and $18 under the ticker “SDIG”. Taking the average proposed offering price puts the IPO at around
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Stronghold Digital, the bitcoin mining company that converts coal waste into power for its operations, plans to raise between $94 million and $106 million in an initial public offering, according to a filing with the U.S. Securities and Exchange Commission (SEC). Source
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Despite the price decline for Bitcoin (BTC) in Q2 2021, mining hardware maker Canaan has recorded significant business gains during the period.According to Canaan’s unaudited Q2 financials published on Tuesday, the company recorded over $1 billion Chinese renminbi (about $167.5 million) in total net revenue for Q2. This figure marks
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Cryptocurrency exchange Binance’s U.S. arm could be going public in three years, Binance CEO Changpeng Zhao has revealed. He said that his exchange “is just going to do what Coinbase did.” Coinbase Global went public on Nasdaq via direct listing. Binance Plans to IPO in the US Within 3 Years Binance’s founder
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