Customer Prepayment Coverage Ratio
Company: IREN
The claim, verbatim
Customer prepayments now cover 45% to 55% of GPU capital expenditures
Source (primary)
JPMorgan Predicts IREN Will Generate $24 Billion in Annual Revenue by 2030 - 24/7 Wall St. (-, news_article)
View cached copy (2026-09-27)Live source ↗Archive.org ↗
Quote: “Customer prepayments now cover 45% to 55% of GPU capex,”
How we checked this
Checked on September 29, 2026. The cited source supports every part of this claim.
The article states customer prepayments now cover 45% to 55% of GPU capex.
Confirmed in the source:
- Customer prepayments cover 45% to 55% of IREN's GPU capital expenditures
What we did: Read our cached copy of the publisher (https://247wallst.com/investing/2026/09/26/jpmorgan-predicts-iren-will-generate-24-billion-in-annual-revenue-by-2030/) in full (11,060 characters, retrieved September 27, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms JPMorgan Predicts IREN Will Generate $24 Billion in Annual Revenue by 2030 - 24/7 Wall St.
Quote: “Customer prepayments now cover 45% to 55% of GPU capex,”