Horizon 1 forecast capex of $6-7m per MW
Company: IREN
The claim, verbatim
IREN forecasts Horizon 1 capex of $6-7m per MW of IT load.
Source (primary)
iren 8-K exhibit (q3fy25presentationvf.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-15)Live source ↗
Quote: “$6-7m forecast capex per MW of IT Load”
How we checked this
Checked on October 16, 2026. The cited source supports every part of this claim.
The Horizon 1 specifications list $6-7m forecast capex per MW of IT load.
Confirmed in the source:
- IREN forecasts Horizon 1 capex of $6-7m per MW of IT load
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1878848/000187884825000043/q3fy25presentationvf.htm) in full (46,276 characters, retrieved October 15, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms iren 8-K exhibit (q3fy25presentationvf.htm)
Quote: “$6-7m forecast capex per MW of IT Load”
confirms iren 8-K exhibit (q3fy25resultspressreleas.htm)
Quote: “$6-7m forecast capex per MW of IT Load”