Search results for "IRIS"

The IREN plan is to issue $450 million of convertible senior notes for financing.

According to Gate News bot, TheBlock reports that Nasdaq-listed Bitcoin mining company IREN (formerly Iris Energy) has announced a new financing plan. The company is preparing to issue $450 million in convertible senior notes to qualified institutional investors, along with an additional $50 million issuance option. IREN stated that part of the raised funds will be invested in capped call options trading and pre-paid share repurchase agreements, with a maximum repurchase amount of $100 million. This move aims to reduce equity dilution and stabilize the stock price. The remaining funds will be used to support the company's daily operations and working capital needs.
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Odaily Planet Daily News Bitcoin mining company's stock price rose by about 10% on Wednesday. The day before, US presidential candidate Donald Trump promised to strengthen the country's encryption mining business. According to data from Google Finance, among the top ten Bitcoin mining companies in terms of market capitalization, TeraWulf (WULF) and Hut 8 Mining (Hut) had the highest increase in stock prices, with increases of 10.5% and 10.07% respectively on June 12th. Core Scientific(CORZ)、Iris Energy(IREN) and Cipher Mining(CIFR) ranked in the top five with growth rates of 9.87%, 9.72% and 8.94% respectively. CleanSpark (CLSK) and Riot Platforms (RIOT) also rose by 8.15% and 6.5% respectively, but the largest market cap Bitcoin mining company Marathon Digital (MARA) only rose by 2.4% on that day. (Cointelegraph) Yesterday, Trump posted on Truth Social, saying that Bitcoin mining may be the last line of defense against CBDC. He hopes that all remaining Bitcoins are made in the USA, which will help the US dominate the energy sector. Trump also told industry executives that if he is elected president in November, he promises to support the industry.
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Gold Finance reported that former President Trump posted on Truth Social, stating that Bitcoin mining is the "last line of defense" against Central Bank Digital Currencies (CBDC), and emphasized that Bitcoin should be mined in the United States. After this statement, Bitcoin mining stocks generally rose on Wednesday. TeraWulf shares rose nearly 20% to $4.13 before falling back to $3.96, up about 14% from the previous day's closing price. MicroStrategy and Hive Digital Technologies stocks rose about 7% and 8% respectively, while Iris Energy rose about 3%.
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Virtuals launched the smart contract audit agent "IRIS", with 50% of the total Token supply allocated to the Ethereum community.

PANews June 10 news, Virtuals Protocol co-founder everythingempty announced on platform X that Virtuals has partnered with the Nethermind team to launch IRIS on the Ethereum L1 Mainnet, which is an autonomous, public welfare-oriented smart contract audit agent; 50% of the IRIS Tokens will be directly allocated to the Ethereum community, and the team will not reserve any tokens. Points staking will still take place on the Base chain, while the token generation event (TGE) will be held on the Ethereum Mainnet.
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The EU will develop the IRIS2 communication satellite system

On December 17th, Jinshi Data reported that the European Space Agency announced on its official website on the 16th that the European Union will develop the IRIS2 communication satellite system to enhance the EU's autonomy and security in the communication network. The IRIS2 system is the third flagship satellite program of the EU, following the Earth observation system 'Copernicus Program' and the Galileo satellite navigation system. The European Commission has signed a 12-year franchise contract worth 10.6 billion euros with SpaceRISE, the designer and operator of the system. The European Commission will contribute 6 billion euros, the European Space Agency will contribute 550 million euros, and the private sector will contribute more than 4 billion euros. It is reported that the IRIS2 system consists of 290 satellites, including 272 in low Earth orbit and 18 in medium Earth orbit, with related ground facilities, forming an autonomous and multi-tasking satellite constellation, which is expected to start providing services in early 2030.
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IRISnet is scheduled to upgrade to Mainnet 4.0 on March 30, introducing cross-chain NFT functionality

Odaily Planet Daily News IRISnet team announced that they plan to upgrade to version 4.0 of Mainnet on March 30, 2025. This upgrade will introduce Cross-Chain Interaction Non-fungible Token functionality, enhance Cross-Chain Interaction interoperability, and optimize network performance. Validators and Node operators need to prepare before the upgrade to ensure a smooth network transition.
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Germany will provide Ukraine with 60 IRIS-T missiles again

Jinshi data, January 17th news, Reuters reported on the 15th that Germany will provide Ukraine with 60 IRIS-T air defense system guided missiles to enhance Ukraine's air defense capabilities and resist Russian attacks. The 60 million euros worth of military support comes from the inventory of the German Federal Armed Forces. The German Ministry of Defense previously stated that it will provide Ukraine with 6 sets of IRIS-T air defense systems by 2025.
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German Chancellor Scholz makes surprise visit to Ukraine

Ukrainian President Zelensky meets with German Chancellor Scholz, focusing on how Ukraine can enhance its battlefield and diplomatic capabilities. Zelensky thanks Germany for its military assistance to Ukraine, including the "Patriot" missile defense system and the "Leopard" anti-aircraft tank. Scholz states that Germany will continue to provide weapons and equipment assistance to Ukraine, including air defense systems, artillery, drones, and helicopters.
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