Bitcoin mining company IREN co-founder cuts holdings to cash out $66 million at a time when stock price is high
Source: BlockBeats
Time: 2025-09-12 22:31:10
According to BlockBeats, on September 12, the brothers, co-founder and co-CEO of Bitcoin mining company IREN, sold 1 million shares respectively, cashing out a total of US$66 million when the company's stock price broke through $33. After the reduction, the two still hold approximately 13.99 million shares, accounting for approximately 6% of IREN's issued shares. This is the second time they have reduced their holdings in the past two years, and each sold 1 million shares when their share price was about $5 in December 2023. (TheMinerMag)