40 MW operational capacity as of June 2026
Company: IREN
The claim, verbatim
IREN ended June 2026 with 40 megawatts of operational capacity
Source (primary)
IREN Slides 4% as JPMorgan Doubles Down With Rare Upgrade to Overweight - finance.biggo.com (-, news_article)
View cached copy (2026-09-14)Live source ↗
Quote: “The company ended June with 40 megawatts of capacity”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The article, citing JPMorgan's note, says IREN ended June with 40 megawatts of capacity and expects it to reach about 400 megawatts of operational capacity by the end of 2026. That context supports both the year and the operational framing.
Confirmed in the source:
- IREN ended June with 40 megawatts of capacity, according to a JPMorgan note reported in a September 2026 article
- The 40 MW figure is the baseline from which IREN is expected to reach about 400 MW of operational capacity by the end of 2026, which places the June figure in 2026 and in the same operational-capacity terms
What we did: Read our cached copy of the publisher (https://finance.biggo.com/news/be1701aa-9d98-4533-a380-8729911c4c39) in full (5,917 characters, retrieved September 14, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN Slides 4% as JPMorgan Doubles Down With Rare Upgrade to Overweight - finance.biggo.com
Quote: “The company ended June with 40 megawatts of capacity”
confirms IREN gets double upgrade as JPMorgan, BTIG cite strong AI demand - scanx.trade
Quote: “IREN ended June with 40 MW of operational capacity.”