Three-year contract pricing above $20M per IT MW
Company: IREN
The claim, verbatim
Management stated its recent three-year contracts are generating well above $20 million per IT megawatt, with discussions running higher.
Source (primary)
IREN Falls 7% as Financing-Heavy Data Center Names Sell Off Apart From Their Sector Fund; TeraWulf and Core Scientific Drop 5% - 24/7 Wall St. (-, news_article)
View cached copy (2026-10-08)Live source ↗Archive.org ↗
Quote: “Management at IREN has stated its recent three-year contracts are generating well above $20 million per information technology megawatt, with discussions running higher”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The article reports that IREN management stated its recent three-year contracts are generating well above $20 million per information technology megawatt, with discussions running higher.
Confirmed in the source:
- IREN management stated that its recent three-year contracts generate well above $20 million per IT megawatt
- IREN management said discussions are running higher than that level
What we did: Read our cached copy of the publisher (https://247wallst.com/investing/2026/10/07/iren-falls-7-as-financing-heavy-data-center-names-sell-off-apart-from-their-sector-fund-terawulf-and-core-scientific-drop-5/) in full (13,048 characters, retrieved October 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN Falls 7% as Financing-Heavy Data Center Names Sell Off Apart From Their Sector Fund; TeraWulf and Core Scientific Drop 5% - 24/7 Wall St.
Quote: “Management at IREN has stated its recent three-year contracts are generating well above $20 million per information technology megawatt, with discussions running higher”
confirms IREN Falls 7% as Financing-Heavy Data Center Names Sell Off Apart From Their Sector Fund; TeraWulf and Core Scientific Drop 5% - AOL.com
Quote: “Management at IREN has stated its recent three-year contracts are generating well above $20 million per information technology megawatt, with discussions running higher.”
confirms IREN Falls 7% as Financing-Heavy Data Center Names Sell Off Apart From Their Sector Fund; TeraWulf and Core Scientific Drop 5% - AOL.ca
Quote: “recent three-year contracts are generating well above $20 million per information technology megawatt, with discussions running higher”