Investors have filed a lawsuit against IREN, claiming the crypto mining company misled them about its high-performance computing (HPC) business. 🤔

- The lawsuit claims the Texas facility is not HPC-ready as claimed.

- IREN's June 2023 announcement was "materially false and misleading."

- IREN shares fell 6.71% on October 9.

IREN has not yet commented on the situation.