jain.com

Projected Operational Capacity by End of 2026

Company: IREN

Subject kind
facility capacity
Statement date
2026-09-14
Promised by
2026-12-31
Promised amount
400.0 MW
Current status
stated

The claim, verbatim

IREN is projected to reach approximately 400 MW of operational capacity by end of 2026

Source (primary)

IREN gets double upgrade as JPMorgan, BTIG cite strong AI demand - scanx.trade (-, news_article)
View cached copy (2026-09-14)Live source ↗

Quote: “The company is projected to reach approximately 400 MW of operational capacity by the end of 2026”

How we checked this

Checked on September 23, 2026. The cited source supports every part of this claim.

The article states this projection directly and links it to the $4 billion ARR guidance.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://scanx.trade/stock-market-news/companies/iren-gets-double-upgrade-jpmorgan-btig-cite-strong-ai-demand/50945778) in full (19,739 characters, retrieved September 14, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms IREN gets double upgrade as JPMorgan, BTIG cite strong AI demand - scanx.trade

Quote: “The company is projected to reach approximately 400 MW of operational capacity by the end of 2026”

View cached copy (2026-09-14)Live source ↗