Iris Energy, an Australian firm that invests in Bitcoin ( BTC ) mining data centers powered by renewable energy sources, has doubled its second pre-initial public offering round. According to Bloomberg, a 13 million Australian dollar ($10 million) commitment from equity manager outfit Platinum Asset Management has seen Iris increase its second pre-IPO target to 40 million Australian dollars ($31 million) from the initial 20 million Australian dollars set earlier in mid-February. As reported by Financial Review back in December 2020, the Bitcoin miner secured Ā $19.5 million in equity funding and $3.9 million in debt during its first pre-IPO funding round. Firms like Regal Funds Management and Thorney led the equity funding round. Meanwhile, Iris Energy is getting set to apply to the Aus
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