Bitcoin mining business Iris Energy Pty is weighing proposals from blank-check firms seeking to take the Australian company public, Bloomberg reports, citing people familiar with the matter, in what would be the country’s first such listing.
The Sydney-based company has been approached by several SPAcs about a deal to potentially list in the U.S. that could raise between $300 million and $500 million, the people said, asking not to be named discussing confidential matters.
Iris is also considering options including a conventional or direct listing on the Australian Securities Exchange. Read more.
