Court affirmed Bitcoin not collateral for limited recourse equipment financing
Company: IREN
The claim, verbatim
The Supreme Court of British Columbia affirmed that Bitcoin mined by the Company is not collateral securing the limited recourse equipment financing facilities and there is no parent guarantee with respect to the facilities.
Source (primary)
IREN 6-K filed 2023-08-11 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “the Bitcoin mined by the Company is not collateral securing such facilities and there is no parent guarantee with respect to the equipment financing facilities”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms IREN 6-K filed 2023-08-11
Quote: “the Bitcoin mined by the Company is not collateral securing such facilities and there is no parent guarantee with respect to the equipment financing facilities”