Gross Platform Capacity Target
Company: IREN
The claim, verbatim
Taking gross platform capacity to approximately 1.2-1.25 GW
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: “IREN is targeting about 300 MW of IT load in 2026 and another 500 MW in 2027, taking gross platform capacity to approximately 1.2-1.25 GW”
How we checked this
Checked on September 24, 2026. The cited source supports every part of this claim.
The article states that IREN's targeted 2026 and 2027 IT load additions would take gross platform capacity to approximately 1.2-1.25 GW.
Confirmed in the source:
- IREN is targeting gross platform capacity of approximately 1.2-1.25 GW, reached through about 300 MW of IT load in 2026 and another 500 MW in 2027
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: “IREN is targeting about 300 MW of IT load in 2026 and another 500 MW in 2027, taking gross platform capacity to approximately 1.2-1.25 GW”