Operating annualized run rate
Company: IREN
The claim, verbatim
IREN claims roughly $1 billion of operating annualized run rate from current contracts
Source (primary)
IREN Stock Falls as Investors Demand Proof Over AI Promises - Yahoo Finance (-, news_article)
View cached copy (2026-09-12)Live source ↗
Quote: “claims roughly $1 billion of operating annualized run rate, meaning the revenue current contracts would produce over a full year”
How we checked this
Checked on September 20, 2026. The cited source supports every part of this claim.
The document confirms the ~$1 billion operating ARR figure and its meaning as revenue from current contracts.
Confirmed in the source:
- IREN claims roughly $1 billion of operating annualized run rate representing what current contracts would produce over a full year
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/iren-stock-falls-investors-demand-022915125.html) in full (10,049 characters, retrieved September 12, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN Stock Falls as Investors Demand Proof Over AI Promises - Yahoo Finance
Quote: “claims roughly $1 billion of operating annualized run rate, meaning the revenue current contracts would produce over a full year”