Another bitcoin mining company is dealing with financial issues as Iris Energy’s Form 6-K filing with the U.S. Securities and Exchange Commission (SEC) shows the company could face default on two loans. Iris Energy’s Form 6-K filing explains to the SEC that the firm “received a notice from its lender alleging the occurrence of an event of default and acceleration under the respective limited recourse equipment financing facilities.” Bitcoin Mining Company Iris Energy Faces Default on 2 Loans On Nov. 7, 2022, the bitcoin mining firm Iris Energy updated investors concerning October’s o ...
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