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

2025.09.12 22:32:18

On September 12th, the co-founder and Co-CEO of the Bitcoin mining company IREN, the Roberts brothers, sold 1 million shares of the company each as the stock price reached a record high above $33. This enabled them to cash out a total of $66 million. After the sell-off, each of them still retains approximately 13.99 million shares, which accounts for approximately 6% of IREN's outstanding shares. This is their second significant sell-off in the past two years. Previously, in December 2023, when the stock price was around $5, they each sold 1 million shares. (TheMinerMag)
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