According to MinerMag, Australia-based crypto miner Iris Energy has raised $413.4 million through share issuance since mid-May to fund its 2024 expansion plans. From May 15 to June 28, the company sold 39.8 million shares through its at-the-market share issuance program (ATM), earning total proceeds of $413.4 million. The company raised $257 million through equity financing in the first quarter and an additional $44.8 million between March 31 and May 15. The company raised a total of approximately $714 million in the first half of this year.