Customer prepayments fund GPU capex
Company: IREN
The claim, verbatim
Customer prepayments now cover 45% to 55% of GPU capex.
Source (primary)
IREN’s Yearlong Downward Trend Continues: A Prominent Wall Street Firm Says It Will Double and Then Some - AOL.com (-, news_article)
View cached copy (2026-09-29)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 IREN’s Yearlong Downward Trend Continues: A Prominent Wall Street Firm Says It Will Double and Then Some - AOL.com
Quote: “Customer prepayments now cover 45% to 55% of GPU capex.”