Microsoft data center capacity contract
Company: IREN
The claim, verbatim
Secured a five-year contract with Microsoft for data center capacity worth $9.7 billion
Source (primary)
Applied Digital vs. IREN: Which Technology Stock Is a Better Buy in 2026? - The Motley Fool (-, news_article)
View cached copy (2026-09-25)Live source ↗Archive.org ↗
Quote: “It recently secured a five-year, nearly $9.7 billion contract with Microsoft ( MSFT +3.66% ) for data center capacity.”
How we checked this
Checked on October 12, 2026. The cited source supports every part of this claim.
The article states IREN recently secured a five-year contract with Microsoft for data center capacity worth nearly $9.7 billion. The claim's $9.7 billion figure matches the source's approximate value.
Confirmed in the source:
- IREN secured a contract with Microsoft for data center capacity
- The Microsoft contract has a five-year term
- The Microsoft contract is worth nearly $9.7 billion
What we did: Read our cached copy of the publisher (https://www.fool.com/coverage/better-buy/2026/09/24/applied-digital-vs-iren-which-technology-stock-is-a-better-buy-in-2026/) in full (12,549 characters, retrieved September 25, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital vs. IREN: Which Technology Stock Is a Better Buy in 2026? - The Motley Fool
Quote: “It recently secured a five-year, nearly $9.7 billion contract with Microsoft ( MSFT +3.66% ) for data center capacity.”
confirms Applied Digital vs. IREN: Which Technology Stock Is a Better Buy in 2026? - The Globe and Mail
Quote: “It recently secured a five-year, nearly $9.7 billion contract with Microsoft (NASDAQ:MSFT) for data center capacity.”