Customer prepayments range from 25% to 50%
Company: IREN
The claim, verbatim
Customer prepayments range from 25% to 50% for GPU procurement
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: “Customer prepayments, which help fund GPU procurement, range from 25% to 50%”
How we checked this
Checked on September 23, 2026. The cited source supports every part of this claim.
The article states that customer prepayments, which help fund GPU procurement, range from 25% to 50%.
Confirmed in the source:
- IREN customer prepayments range from 25% to 50%
- The prepayments help fund GPU procurement
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: “Customer prepayments, which help fund GPU procurement, range from 25% to 50%”