Wall Street Bitcoin Miner's AI Pivot Sparks Investor Lawsuit

Iris Energy Limited, the publicly-listed Wall Street Bitcoin (BTC) mining company (NASDAQ: IREN) that recently pivoted to promoting itself as a high-performance computing (HPC) data center operator, is facing a class action lawsuit alleging it misrepresented its capabilities and prospects to investors.

Oct 10, 2024 - 08:20
Wall Street Bitcoin Miner's AI Pivot Sparks Investor Lawsuit
BTC BitcoinIris Energy Limited, the publicly-listed Wall Street Bitcoin (BTC) mining company (NASDAQ: IREN) that recently pivoted to promoting itself as a high-performance computing (HPC) data center operator, is facing a class action lawsuit alleging it misrepresented its capabilities and prospects to investors.

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