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Next year's capacity several times oversubscribed

Company: IREN

Subject kind
customer
Statement date
2026-10-20
Current status
stated

The claim, verbatim

Roberts said demand for next year's capacity is several times oversubscribed.

Source (primary)

IREN Sinks 6%, Then Recovers After Co-CEO’s No-Debt Reassurance as Neocloud Worries Persist; TeraWulf and Applied Digital Rise 3% - Yahoo Finance (-, news_article)
View cached copy (2026-10-21)Live source ↗Archive.org ↗

Quote: “demand for next year's capacity is several times oversubscribed”

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 Sinks 6%, Then Recovers After Co-CEO’s No-Debt Reassurance as Neocloud Worries Persist; TeraWulf and Applied Digital Rise 3% - Yahoo Finance

Quote: “demand for next year's capacity is several times oversubscribed”

View cached copy (2026-10-21)Live source ↗Archive.org ↗

confirms IREN Sinks 6%, Then Recovers After Co-CEO's No-Debt Reassurance as Neocloud Worries Persist; TeraWulf and Applied Digital Rise 3% - 24/7 Wall St.

Quote: “demand for next year's capacity is several times oversubscribed”

View cached copy (2026-10-21)Live source ↗Archive.org ↗