Microsoft partnership facility deployment
Company: IREN
The claim, verbatim
50 megawatts completed, 150 megawatts scheduled for completion by end of 2026 under Microsoft agreement
Source (primary)
JPMorgan Reverses Course on IREN Stock, Jumps to Overweight Rating with $65 Target - blockonomi.com (-, news_article)
View cached copy (2026-09-14)Live source ↗
Quote: “IREN completed deployment of the initial 50-megawatt facility under its Microsoft agreement. The outstanding 150 megawatts are scheduled for completion by the close of calendar 2026.”
How we checked this
Checked on September 23, 2026. The cited source supports every part of this claim.
The article says the first 50 MW under the Microsoft agreement is deployed and the remaining 150 MW is scheduled for completion by the end of calendar 2026.
Confirmed in the source:
- IREN completed deployment of the initial 50-megawatt facility under its Microsoft agreement
- The remaining 150 megawatts under the Microsoft agreement are scheduled for completion by the end of calendar 2026
What we did: Read our cached copy of the publisher (https://blockonomi.com/jpmorgan-reverses-course-on-iren-stock-jumps-to-overweight-rating-with-65-target/) in full (6,892 characters, retrieved September 14, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms JPMorgan Reverses Course on IREN Stock, Jumps to Overweight Rating with $65 Target - blockonomi.com
Quote: “IREN completed deployment of the initial 50-megawatt facility under its Microsoft agreement. The outstanding 150 megawatts are scheduled for completion by the close of calendar 2026.”