Microsoft Horizon 1 contract
Company: IREN
The claim, verbatim
IREN has a $9.7 billion five-year agreement with Microsoft under which Microsoft accepted the Horizon 1 site in August 2026
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: “Microsoft accepted the first block, a 50 megawatt site called Horizon 1, in August under a $9.7 billion five year agreement”
How we checked this
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Additional evidence
confirms IREN Stock Falls as Investors Demand Proof Over AI Promises - Yahoo Finance
Quote: “Microsoft accepted the first block, a 50 megawatt site called Horizon 1, in August under a $9.7 billion five year agreement”