Customer Pre-payments for GPU Procurement
Company: IREN
The claim, verbatim
Customer pre-payments for GPU procurement range from 25% to 50% of deal values
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: “Customer pre-payments, which help fund GPU procurement, range from 25% to 50% of deal values.”
How we checked this
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Additional evidence
confirms IREN gets double upgrade as JPMorgan, BTIG cite strong AI demand - scanx.trade
Quote: “Customer pre-payments, which help fund GPU procurement, range from 25% to 50% of deal values.”