$528M annualized illustrative mining net cashflow
Company: IREN
The claim, verbatim
IREN expects the 50 EH/s mining fleet to generate $528 million in annualized illustrative net cashflow, based on stated assumptions including an $85k Bitcoin price.
Source (primary)
iren 8-K exhibit (businessupdatevf.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-18)Live source ↗
Quote: “Expected to generate $528 million in annualized illustrative net cashflow.”
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 8-K exhibit (businessupdatevf.htm)
Quote: “Expected to generate $528 million in annualized illustrative net cashflow.”