jain.com

2026 operational capacity target

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 likely to reach about 400 megawatts of operational capacity by the end of 2026

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: “is likely to reach about 400 megawatts of operational capacity by the end of 2026, which supports the $4 billion ARR target, according to the note”

How we checked this

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

The article, citing JPMorgan's note, says IREN is likely to reach about 400 megawatts of operational capacity by the end of 2026.

Confirmed in the source:

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: “is likely to reach about 400 megawatts of operational capacity by the end of 2026, which supports the $4 billion ARR target, according to the note”

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