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
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
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%”