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$4B contracted ARR for 2026 capacity; 2026 capacity largely sold out

Company: IREN

Subject kind
customer
Statement date
2026-10-01
Promised by
2026-12-31
Promised amount
4000000000.0 USD
Current status
stated

The claim, verbatim

In August IREN said it had $4 billion of contracted annualized run-rate revenue for 2026 capacity, including $1 billion already operating, with 2026 capacity largely sold out.

Source (primary)

IREN Drops 18% in a Week Despite Booming AI Demand as $30B Spending Plan Raises Questions - finance.yahoo.com (-, news_article)
View cached copy (2026-10-02)Live source ↗Archive.org ↗

Quote: “IREN said in August it had $4 billion of contracted annualized run-rate revenue (ARR) for 2026 capacity, including $1 billion already operating, with 2026 capacity largely sold out.”

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 Drops 18% in a Week Despite Booming AI Demand as $30B Spending Plan Raises Questions - finance.yahoo.com

Quote: “IREN said in August it had $4 billion of contracted annualized run-rate revenue (ARR) for 2026 capacity, including $1 billion already operating, with 2026 capacity largely sold out.”

View cached copy (2026-10-02)Live source ↗Archive.org ↗