jain.com

Customer prepayments as percentage of GPU capital expenditures

Company: IREN

Subject kind
financing
Statement date
2026-08-27
Promised amount
50.0 percent
Current status
stated

The claim, verbatim

Customer prepayments represented 45%-55% of associated GPU capital expenditures

Source (primary)

Jim Cramer Prefers CoreWeave (CRWV) Over IREN (IREN) - Yahoo Finance (-, news_article)
View cached copy (2026-09-10)Live source ↗

Quote: “Roberts said recent three-year contracts represented more than $20 million of revenue per megawatt and that customer prepayments represented 45%-55% of associated GPU capital expenditures.”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Jim Cramer Prefers CoreWeave (CRWV) Over IREN (IREN) - Yahoo Finance

Quote: “Roberts said recent three-year contracts represented more than $20 million of revenue per megawatt and that customer prepayments represented 45%-55% of associated GPU capital expenditures.”

View cached copy (2026-09-10)Live source ↗