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IREN Shares Are Trading Lower After the Company Announced an At-the-market Facility.
Trump appointed Mark Uyeda as the acting chair of the SEC in the USA, and immediately established a working group on Cryptos.
Upon taking office, Ulyada, who is regarded as a supporter of Cryptos, initiated reforms in Cryptocurrency policies. On Tuesday, he announced the establishment of a Cryptocurrency Enforcement Task Force within the SEC, which will build a regulatory framework. Driven by this news, Bitcoin's intraday increase reached 3.0%, priced at $106,290. Trump previously announced that he plans to nominate former SEC commissioner Paul Atkins as the SEC chairman; however, the USA Senate has yet to schedule a confirmation hearing for Atkins.
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IREN Announces $1B At-the-market Facility
IREN Announces $1B At-The-Market Facility For Expansion To 57 EH/s By H2 2025, Introducing Liquid Cooling, And Advancing Multi-GW Data Center Developments. Targets Run-Rate EBITDA Of $826M At $100K Bitcoin Price