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Bitcoin Miner Iris Is Said to Weigh Australia’s First SPAC Deal

  • Firm could raise up to $500 million in blank-check deal
  • Data center operator also weighing conventional listing
Cryptocurrency Mining As Bitcoin Slides Amid Stocks Rout
Photographer: Akos Stiller/Bloomberg
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Bitcoin mining business Iris Energy Pty is weighing proposals from blank-check firms seeking to take the Australian company public, according to people familiar with the matter, in what would be the country’s first such listing.