$4 billion annualized recurring revenue target
Company: IREN
The claim, verbatim
IREN targets $4 billion in contracted annualized recurring revenue to be operational by December 31, 2026
Source (primary)
Could IREN Become the Next Nvidia-Backed AI Winner? - Yahoo Finance (-, news_article)
View cached copy (2026-09-11)Live source ↗Archive.org ↗
Quote: “IREN has $4B in contracted annualized recurring revenue targeted operational by December 31, 2026”
How we checked this
Checked on September 20, 2026. The cited source supports every part of this claim.
The document states IREN has $4B in contracted annualized recurring revenue targeted operational by December 31, 2026.
Confirmed in the source:
- IREN targets $4 billion in contracted annualized recurring revenue
- the target is to be operational by December 31, 2026
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/could-iren-become-next-nvidia-183053380.html) in full (13,588 characters, retrieved September 11, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Could IREN Become the Next Nvidia-Backed AI Winner? - Yahoo Finance
Quote: “IREN has $4B in contracted annualized recurring revenue targeted operational by December 31, 2026”