Cash reserves and capital for acquisition
Company: IREN
The claim, verbatim
Iris Energy had approximately $64 million in cash and no debt as of September 30, 2023, which will fund the miner acquisition.
Source (primary)
IREN 6-K filed 2023-10-06 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “existing capital sources, including cash in bank (~$64 million, no debt)”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
The document states cash in bank of ~$64 million with no debt as of September 30, 2023, and lists cash in bank among the capital sources funding the purchase.
Confirmed in the source:
- Iris Energy had approximately $64 million in cash as of September 30, 2023
- Iris Energy had no debt as of September 30, 2023
- The miner acquisition is expected to be funded from existing capital sources including cash in bank
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: “existing capital sources, including cash in bank (~$64 million, no debt)”