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Bitcoin Mining Firm IREN's Co-founder Sells Off $66 Million at Stock Price's New High

By: theblockbeats.news|2025/09/12 15:02:46

BlockBeats News, September 12th, the co-founder and Co-CEO of the Bitcoin mining company IREN, the Roberts brothers, each sold 1 million shares of the company as the stock price reached a record high above $33, cashing out a total of $66 million.

After the sell-off, each of them still holds about 13.99 million shares, representing approximately 6% of IREN's outstanding shares. This is their second large-scale sell-off in the past two years, having previously sold 1 million shares each in December 2023 when the stock price was around $5. (TheMinerMag)

U.S. September One-Year Inflation Rate Expectation Initial Value 4.8%, Expectation 4.7%

South African fast food chain brand WIMPY has now enabled Bitcoin payments at 450 of its stores.