Digital Gold Rush
The digital gold rush ? Iris Energy is a bitcoin mining business powered by renewable energy. Utilizing its data center platform, the company is uniquely positioned to capitalize on a misunderstood $5bn p.a. industry with strong downside protection and asymmetric upside. Run by individuals with success at building large-scale businesses across energy, infrastructure, construction, data centers, finance and digital assets. Cashflow positive operations in Canada, with expansion underway to 30MW (~US$10m annualized EBITDA) and a 750MW growth pipeline.