The number of cryptocurrency-related companies aiming to go public continues to increase, with the latest example being Iris Energy Pty. The firm, focused on green Bitcoin mining, has filed with US regulators for a direct listing on Nasdaq this year.
Based in Sydney, Australia, Iris Energy is a Bitcoin mining firm that “owns and operates real assets, including data center infrastructure, powered by renewable energy.”
According to a press release dated August 18th, the company has “confidentially” filed the US Securities and Exchange Commission to make a debut on Nasdaq.
By submitting a draft Registration Statement on Form F-1 with the Commission, the firm has outlined its plans to have its shares listed on the popular exchange by the fourth quarter of 2021.
As with all listings, Iris Energy will be “subject to SEC review as and market and other conditions.”
Interestingly, the company has chosen to go live on Nasdaq through a direct listing instead of the more traditional w
