ATM raise of $72m in late March 2024
Company: IREN
The claim, verbatim
Between March 16 and March 29, 2024, IREN raised $72m in gross proceeds from selling 13.6m shares through its ATM, leaving $166m of remaining ATM capacity.
Source (primary)
iren 8-K exhibit (ef20025647_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-08)Live source ↗
Quote: “Between March 16, 2024 and March 29, 2024 the Company raised $72m in gross proceeds from the sale of 13.6m shares. Remaining capacity under existing ATM of $166m.”
How we checked this
Checked on November 9, 2026. The cited source supports every part of this claim.
The release's notes state the $72m gross raise from 13.6m shares sold through the ATM between those dates and the $166m of remaining ATM capacity.
Confirmed in the source:
- Between March 16 and March 29, 2024, IREN raised $72m in gross proceeds
- The proceeds came from the sale of 13.6m shares
- The shares were sold through its ATM program
- Remaining capacity under the existing ATM was $166m
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1878848/000114036124016752/ef20025647_ex99-1.htm) in full (14,965 characters, retrieved November 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms iren 8-K exhibit (ef20025647_ex99-1.htm)
Quote: “Between March 16, 2024 and March 29, 2024 the Company raised $72m in gross proceeds from the sale of 13.6m shares. Remaining capacity under existing ATM of $166m.”