Targeting additional $8B from GPU financing and prepayments
Company: IREN
The claim, verbatim
IREN is targeting another $8 billion from GPU financing and customer prepayments, with the remainder of FY2027 capex expected from data center financing, operating cash flow and other sources.
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: “It is targeting another $8 billion from GPU financing and prepayments, with the remainder expected from data center financing, operating cash flow and other sources.”
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: “It is targeting another $8 billion from GPU financing and prepayments, with the remainder expected from data center financing, operating cash flow and other sources.”