Mackenzie Equipment Financing
Company: IREN - Project: Mackenzie
The claim, verbatim
Secured $2.4 billion of equipment financing at 9% fixed rate for Mackenzie covering about 90% of GPU CapEx
Source (primary)
IREN Q4 adj. EPS $(0.74) misses; BTIG sees $4B ARR - scanx.trade (-, news_article)
View cached copy (2026-09-20)Live source ↗
Quote: “the company secured $2.8 billion of equipment financing for non-investment-grade deployments, including $2.4 billion at a 9% fixed rate for Mackenzie”
How we checked this
Checked on September 24, 2026. The cited source supports every part of this claim.
The article states the $2.8 billion of equipment financing included $2.4 billion at a 9% fixed rate for Mackenzie, covering about 90% of its GPU CapEx.
Confirmed in the source:
- IREN secured $2.4 billion of equipment financing for Mackenzie
- The Mackenzie financing carries a 9% fixed rate
- The Mackenzie financing covers about 90% of its GPU CapEx
What we did: Read our cached copy of the publisher (https://scanx.trade/stock-market-news/technology/iren-leads-coreweave-ai-revenue-per-megawatt-metric/48621281) in full (23,758 characters, retrieved September 20, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN Q4 adj. EPS $(0.74) misses; BTIG sees $4B ARR - scanx.trade
Quote: “the company secured $2.8 billion of equipment financing for non-investment-grade deployments, including $2.4 billion at a 9% fixed rate for Mackenzie”