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
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
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,”