According to BlockBeats, the co-founders and co-CEOs of Bitcoin mining company IREN, the Roberts brothers, have sold one million shares each as the company's stock price reached a new high of $33. This sale resulted in a total cash-out of $66 million.
Following this transaction, each brother retains approximately 13.99 million shares, representing about 6% of IREN's issued shares. This marks their second significant share sale in two years, with the previous sale occurring in December 2023 when the stock price was around $5.