Horizon 1 data center delivery to Microsoft
Company: IREN
The claim, verbatim
Microsoft accepted Horizon 1 delivery, which increased IREN's ARR from $500 million to $1 billion
Source (primary)
Blue Owl leads $2.4 billion Iren debt deal for Nvidia chip purchases - scanx.trade (-, news_article)
View cached copy (2026-09-18)Live source ↗
Quote: “The company exited the fourth quarter with about $500 million of ARR, which rose to $1 billion after Microsoft accepted Horizon 1.”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms Blue Owl leads $2.4 billion Iren debt deal for Nvidia chip purchases - scanx.trade
Quote: “The company exited the fourth quarter with about $500 million of ARR, which rose to $1 billion after Microsoft accepted Horizon 1.”