jain.com

$684M net loss incl. $450.4M impairment

Company: IREN

Subject kind
financing
Statement date
2026-09-28
Promised amount
684000000.0 USD
Current status
stated

The claim, verbatim

Net loss reached $684 million, including a $450.4 million non-cash impairment on retired mining hardware.

Source (primary)

IREN's Yearlong Downward Trend Continues: A Prominent Wall Street Firm Says It Will Double and Then Some - 247wallst.com (-, news_article)
View cached copy (2026-09-29)Live source ↗

Quote: “The net loss reached $684 million, including a $450.4 million non-cash impairment on retired mining hardware.”

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 IREN's Yearlong Downward Trend Continues: A Prominent Wall Street Firm Says It Will Double and Then Some - 247wallst.com

Quote: “The net loss reached $684 million, including a $450.4 million non-cash impairment on retired mining hardware.”

View cached copy (2026-09-29)Live source ↗