Microsoft data center contract
Company: IREN
The claim, verbatim
IREN secured a five-year contract with Microsoft for approximately $9.7 billion for data center capacity
Source (primary)
Applied Digital vs. IREN: Which Technology Stock Is a Better Buy in 2026? - finance.yahoo.com (-, news_article)
View cached copy (2026-09-27)Live source ↗Archive.org ↗
Quote: “It recently secured a five-year, nearly $9.7 billion contract with Microsoft (NASDAQ:MSFT) for data center capacity.”
How we checked this
Checked on September 29, 2026. The cited source supports every part of this claim.
The article reports a five-year, nearly $9.7 billion contract between IREN and Microsoft for data center capacity.
Confirmed in the source:
- IREN secured a contract with Microsoft
- The Microsoft contract is five years long
- The Microsoft contract is worth nearly $9.7 billion
- The Microsoft contract is for data center capacity
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/applied-digital-vs-iren-technology-182220452.html) in full (12,863 characters, retrieved September 27, 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? - finance.yahoo.com
Quote: “It recently secured a five-year, nearly $9.7 billion contract with Microsoft (NASDAQ:MSFT) for data center capacity.”