jain.com

2027 AI IT load capacity

Company: IREN

Subject kind
facility capacity
Statement date
2026-09-16
Promised by
2027-12-31
Promised amount
500.0 MW
Current status
stated

The claim, verbatim

IREN is targeting an additional 500 megawatts of IT load in 2027

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: “another 500 MW in 2027”

How we checked this

Checked on September 24, 2026. The cited source supports every part of this claim.

The article states IREN is targeting about 300 MW of IT load in 2026 and another 500 MW in 2027.

Confirmed in the source:

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: “another 500 MW in 2027”

View cached copy (2026-09-20)Live source ↗