According to recent reports from COINOTAG News, investment firm Jane Street and its affiliated entities have successfully secured a 6% stake in the prominent Bitcoin mining company, Iris Energy. This acquisition was formally documented in a 13G filing submitted last Friday, indicating that as of December 31, Jane Street Group held an impressive total of 11,797,987 shares of Iris Energy. In addition, it is noteworthy that Iris Energy achieved a remarkable mining output of 521 BTC in January, coupled with a robust hash rate of 28.93 EH/s, which constitutes approximately 3.71% of the overall Bitcoin mining market share. This strategic investment underscores the growing influence of institutional players in the cryptocurrency mining landscape.
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