Iris Energy operates data centers that mine Bitcoin using hydroelectricity.
Iris Energy is a Bitcoin mining company that builds, owns and operates data center infrastructure with a focus on entry into regions where it can access abundant and/or under-utilized renewable energy to power its operations. Iris Energy strives to support local communities, as well as the decarbonization of energy markets and the global Bitcoin network.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Mar 28, 2022 | Post-IPO Debt | $71M | 1 |
NYDIG
|
— | Detail |
| Nov 17, 2021 | IPO | $231.52M | — | — | — | Detail |
| Oct 1, 2021 | Convertable Note | $115M | — | — | — | Detail |
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
NYDIG
|
Yes | Post-IPO Debt |