Deferred payment for Bitmain S21 miners
Company: IREN
The claim, verbatim
Approximately $2.9 million (15% of purchase price) is deferred and payable one year after shipment
Source (primary)
IREN 6-K filed 2023-10-06 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “The remaining 15% of the purchase price (~$2.9 million or $2.1/TH) is deferred until one year after shipment”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
The document states the remaining 15% (~$2.9 million) is deferred until one year after shipment.
Confirmed in the source:
- Approximately $2.9 million is deferred until one year after shipment
- This represents 15% of the purchase price
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 remaining 15% of the purchase price (~$2.9 million or $2.1/TH) is deferred until one year after shipment”