Data center construction and hashrate capacity expansion
Company: IREN
The claim, verbatim
80MW of data center construction underway, expected to increase operating capacity from 5.6 EH/s to 9.1 EH/s assuming purchase of Bitmain S19 XP miners
Source (primary)
IREN 424B3 filed 2023-06-20 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Construction of 80MW of data centers is underway, which is expected to increase the Company's potential operating capacity from 5.6 EH/s to 9.1 EH/s, assuming the purchase of Bitmain S19 XP miners.”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
All assertions appear verbatim in the document.
Confirmed in the source:
- 80MW of data center construction is underway
- It is expected to increase operating capacity from 5.6 EH/s to 9.1 EH/s
- The increase assumes purchase of Bitmain S19 XP miners
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1878848/000114036123030396/brhc20054634_424b3.htm) in full (13,070 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN 424B3 filed 2023-06-20
Quote: “Construction of 80MW of data centers is underway, which is expected to increase the Company's potential operating capacity from 5.6 EH/s to 9.1 EH/s, assuming the purchase of Bitmain S19 XP miners.”