~$600m annualized operating cashflow at 50 EH/s
Company: IREN
The claim, verbatim
IREN expects its expansion to 50 EH/s to generate annualized operating cashflows of approximately $600m at current market economics, or about $500m at an $80k Bitcoin price.
Source (primary)
iren 8-K exhibit (irenfebmonthlyupdatevf.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-18)Live source ↗
Quote: “we expect our expansion to 50 EH/s over the next four months to generate substantial annualized operating cashflows of approximately $600m5 at current market economics”
How we checked this
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Additional evidence
confirms iren 8-K exhibit (irenfebmonthlyupdatevf.htm)
Quote: “we expect our expansion to 50 EH/s over the next four months to generate substantial annualized operating cashflows of approximately $600m5 at current market economics”