According to Odaily Planet Daily, Australian crypto mining company Iris Energy has raised $413.4 million through stock issuance since mid-May to fund its 2024 expansion plan after the Bitcoin halving event. Between May 15 and June 28, 39.8 million shares were sold through its ATM stock issuance program to obtain a total proceeds of $413.4 million. The company raised $257 million through equity financing in Q1 and an additional $44.8 million between March 31 and May 15. In the first half of this year, Iris Energy raised a total of approximately $714 million.