jain.com

August 2024 Bitmain S21 XP agreement remaining balance due

Company: IREN

Subject kind
acquisition
Statement date
2025-03-19
Promised by
2025-08-31
Promised amount
45300000.0 USD
Current status
outcome unconfirmed

What the later record shows

Outcome not yet confirmed

The March 31, 2025 filing only restates that $45.3m remained due by July 2025. No later passage confirms it was paid.

“the remaining balance of $45.3 million for the purchase of such 39,000 miners is due by July 2025”
2025-05-13 · iren 8-K exhibit (irenlimited-exx994mar2025.htm) View cached copy (2026-10-15)Live source ↗

Checked October 18, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

IREN agreed to buy 39,000 Bitmain S21 XP miners (10.5 EH/s) for $226.4 million; $181.1 million was paid as of September 30, 2024, with the remainder (about $45.3 million) due in July and August 2025.

Source (primary)

iren 8-K exhibit (irenlimited-exx992sep2024x.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-18)Live source ↗

Quote: “As of September 30, 2024, we have paid $181.1 million relating to the August 2024 Agreement, and the remaining balance is due in July and August 2025.”

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 (irenlimited-exx992sep2024x.htm)

Quote: “As of September 30, 2024, we have paid $181.1 million relating to the August 2024 Agreement, and the remaining balance is due in July and August 2025.”

View cached copy (2026-10-18)Live source ↗

Record of changes

October 18, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 18, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.