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Bitcoin Miner IREN Resolves $107.8M NYDIG Loan Dispute, Focuses on Growth
ByAinvest
Saturday, Aug 30, 2025 5:21 am ET1min read
IREN Limited, a Bitcoin miner, has settled a $107.8 million loan dispute with NYDIG for $20 million, resolving all related litigation and potential liabilities. The settlement allows IREN to focus on growth without legal distractions and marks a pivotal recovery phase for the company. IREN reported $501 million in revenue and a net income of $86.9 million for the year following the settlement. Bitcoin's price currently stands at $108,562.35.
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