$1B ARR operating in late August 2026
Company: IREN
The claim, verbatim
$1 billion of annualized run-rate revenue was already operating in late August 2026.
Source (primary)
IREN vs. Riot Platforms: Which Bitcoin-to-AI Stock Looks Stronger Now? - Yahoo Finance (-, news_article)
View cached copy (2026-09-29)Live source ↗Archive.org ↗
Quote: “while $1 billion was already operating in late August”
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 vs. Riot Platforms: Which Bitcoin-to-AI Stock Looks Stronger Now? - Yahoo Finance
Quote: “while $1 billion was already operating in late August”