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Bitdeer, a crypto mining firm spun off from mining manufacturer Bitmain, has entered into an agreement with the special purpose acquisition company (SPAC) B. Riley Financial to sell up to $150 million of its Class A ordinary shares.According to an Aug. 9 filing with the United States Securities and Exchange
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Despite his agreement to forming the committee, the judge said he will "reserve the benefit" of "hindsight." If he decides that the interests of the equity holders weren't advanced by the committee, or it was done at the expense of other creditors, he might use "a number of tools," including
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The firm said the loan will enable it to replace an existing facility and give it "up to 15 months runway and significant flexibility." Source
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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 inked an agreement with B. Riley Principal
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B. Riley may buy up to 25 million of IREN ordinary shares in the 24 months starting Friday, according to a filing with the U.S. Securities and Exchanges Commission. If the bank chooses to buy all of those shores for about $100 million, it would have a 31% stake in
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For second quarter estimates, the broker forecasts BTC to average approximately $32,522, which is based on an average quarter-to-date price of $33,805 and assumes a $22,000 price for the rest of the quarter. For the third quarter and fourth quarter, B. Riley forecasts BTC to average $25,000 and $30,000, respectively.
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BusinessThe analyst raised the miner’s 12-month price target to $82 from $78 and 2022 earnings estimates, citing its expansion plans.By Aoyon AshrafOct 26, 2021 at 5:18 p.m. UTCUpdated Oct 26, 2021 at 5:18 p.m. UTCGreenidge mining center (Caleb Parker) Original Source
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