~$14B of cash, committed GPU financing and prepayments toward FY27 capex
Company: IREN
The claim, verbatim
Against its planned FY2027 spending, IREN has about $14 billion of cash, committed GPU financing and customer prepayments.
Source (primary)
IREN Drops 18% in a Week Despite Booming AI Demand as $30B Spending Plan Raises Questions - finance.yahoo.com (-, news_article)
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Quote: “IREN has about $14 billion of cash, committed GPU financing and customer prepayments”
How we checked this
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Additional evidence
confirms IREN Drops 18% in a Week Despite Booming AI Demand as $30B Spending Plan Raises Questions - finance.yahoo.com
Quote: “IREN has about $14 billion of cash, committed GPU financing and customer prepayments”