Multi-year Microsoft partnership
Company: IREN
The claim, verbatim
Multi-year agreement with Microsoft for GPU cloud contracts
Source (primary)
IREN shares rise on AI pivot, $4 billion revenue target - scanx.trade (-, news_article)
View cached copy (2026-09-20)Live source ↗
Quote: “Driven by a multi-year agreement with Microsoft and expanding GPU cloud contracts”
How we checked this
Checked on September 25, 2026. The cited source supports part of this claim, but not all of it.
The source lists the Microsoft multi-year agreement and expanding GPU cloud contracts as two separate growth drivers. It does not say the Microsoft agreement covers GPU cloud contracts.
Confirmed in the source:
- IREN has a multi-year agreement with Microsoft
- IREN has expanding GPU cloud contracts
We could not confirm this from the cited source:
- The multi-year Microsoft agreement is specifically for GPU cloud contracts
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of the publisher (https://scanx.trade/stock-market-news/companies/iren-shares-rise-ai-pivot-4-billion-revenue-target/51197812) in full (19,777 characters, retrieved September 20, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN shares rise on AI pivot, $4 billion revenue target - scanx.trade
Quote: “Driven by a multi-year agreement with Microsoft and expanding GPU cloud contracts”