Short-Seller Jim Chanos Sounds Alarm On IREN’s $6 Billion Equity Filing, Questions Silence On $500 Million Revenue Guidance

Renowned short-seller Jim Chanos has cast doubt on IREN Ltd.‘s (NASDAQ:IREN) massive new $6 billion equity filing, questioning the company’s transparency regarding current revenue targets while it aggressively scales its “at-the-market” (ATM) capacity. The $6 Billion Alarm On March 5, IREN filed an updated 424B5 prospectus, significantly expanding its ATM offering capacity to $6 billion. […]