Operational capacity growth to 400 MW
Company: IREN
The claim, verbatim
IREN will reach approximately 400 MW of operational capacity by the 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, which supports its $4 billion ARR guidance”
How we checked this
Checked on September 23, 2026. The cited source supports every part of this claim.
The article says IREN is projected to reach about 400 MW of operational capacity by the end of 2026, up from 40 MW at the end of June. The source presents this as a projection, not a certainty.
Confirmed in the source:
- IREN is projected to reach approximately 400 MW of operational capacity
- The 400 MW target is for the end of 2026
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, which supports its $4 billion ARR guidance”