IREN Limited agrees to pay $20 million settlement to NYDIG over dispute on defaulted Bitcoin mining equipment loans

IREN Limited (formerly Iris Energy), a Nasdaq-listed Bitcoin mining company, has finally resolved its multi-year legal dispute with NYDIG over $107.8 million in defaulted loans linked to about 35,000 Antminer S19 Bitcoin mining equipment.  According to IREN Limited’s annual report from Thursday, the company has agreed to pay $20 million to NYDIG to settle the […]

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