Multi-year GPU cloud services agreement with Microsoft
Company: IREN
The claim, verbatim
Multi-year agreement with Microsoft for GPU cloud services drives operational ARR growth
Source (primary)
IREN shares stabilize as $1 billion ARR offsets AI slowdown fears - 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 article cites a multi-year Microsoft agreement and, separately, expanding GPU cloud contracts as ARR drivers, but does not say the Microsoft agreement itself is for GPU cloud services.
Confirmed in the source:
- IREN has a multi-year agreement with Microsoft
- The Microsoft agreement is cited as a driver of IREN's operational ARR target
We could not confirm this from the cited source:
- The Microsoft multi-year agreement is specifically for GPU cloud services
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-stabilize-1-billion-arr-offsets-ai-slowdown-fears/50942616) in full (19,501 characters, retrieved September 20, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN shares stabilize as $1 billion ARR offsets AI slowdown fears - scanx.trade
Quote: “Driven by a multi-year agreement with Microsoft and expanding GPU cloud contracts”