Canal Flats liquid cooling conversion for GB300s
Company: IREN - Project: Canal Flats
The claim, verbatim
The company plans to convert Canal Flats entirely to liquid cooling for GB300s to maximize existing power capacity value
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 plans to convert Canal Flats entirely to liquid cooling for GB300s to maximize the value of existing power capacity.”
How we checked this
Checked on September 24, 2026. The cited source supports every part of this claim.
The article states IREN plans to convert Canal Flats entirely to liquid cooling for GB300s to maximize the value of existing power capacity.
Confirmed in the source:
- IREN plans to convert its Canal Flats site entirely to liquid cooling
- The conversion is for GB300s
- The purpose is to maximize the value of existing power capacity
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 plans to convert Canal Flats entirely to liquid cooling for GB300s to maximize the value of existing power capacity.”