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The Daily Hodl
2022-11-30 21:00:26

Top Asset Management Firms Suffer $220,000,000 in Losses From Bitcoin (BTC) Mining Investments: Report

Top Asset Management Firms Suffer $220,000,000 in Losses From Bitcoin (BTC) Mining Investments: Report

A new report claims Bitcoin (BTC) mining firm Iris Energy’s investors are seeing a multimillion-dollar wipeout in the value of their holdings a year since the public listing. According to an Australian Financial Review, shares of Iris Energy, which is listed on the NASDAQ, have fallen by 94.5% since the initial public offering in November The post Top Asset Management Firms Suffer $220,000,000 in Losses From Bitcoin (BTC) Mining Investments: Report appeared first on The Daily Hodl .

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