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Available cash reserves for funding acquisition

Company: IREN

Subject kind
financing
Statement date
2023-10-05
Promised amount
64.0 USD
Current status
stated

The claim, verbatim

Iris Energy has approximately $64 million in cash with no debt, which along with operating cash flow will fund the miner purchase

Source (primary)

IREN 6-K filed 2023-10-06 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “The purchase is expected to be funded from existing capital sources, including cash in bank (~$64 million, no debt), operating cash flow and other recently disclosed funding programs (as applicable)”

How we checked this

Checked on September 21, 2026. The cited source supports every part of this claim.

The document states the purchase is expected to be funded from existing capital including ~$64 million cash (no debt) and operating cash flow.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1878848/000114036123047243/ef20012126_6k.htm) in full (13,902 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms IREN 6-K filed 2023-10-06

Quote: “The purchase is expected to be funded from existing capital sources, including cash in bank (~$64 million, no debt), operating cash flow and other recently disclosed funding programs (as applicable)”

View cached copy (2026-09-13)Live source ↗