jain.com

October 2023 Bitmain S21 agreement remaining balance

Company: IREN

Subject kind
acquisition
Statement date
2024-11-25
Promised by
2025-02-28
Promised amount
2900000.0 USD
Current status
outcome unconfirmed

What the later record shows

Partly delivered

Payments under the October 2023 Agreement rose from $16.7 million (September 30, 2024) to $17.6 million (December 31, 2024), showing the December installment was paid. The remainder was still due in January 2025, and no passage confirms final payment.

“As of December 31, 2024 we have paid $17.6 million relating to the October 2023 Agreement, and the remaining balance is due in January 2025.”
2025-03-19 · iren 8-K exhibit (irenlimited-exx992dec2024x.htm) View cached copy (2026-10-18)Live source ↗

Checked October 24, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

The remaining balance of about $2.9 million under the October 2023 Bitmain agreement for 7,002 S21 miners is due in December 2024, January and February 2025.

Source (primary)

iren 8-K exhibit (irisenergylimited-exx994se.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-24)Live source ↗

Quote: “As of September 30, 2024 we have paid $16.7 million relating to the October 2023 Agreement, and the remaining balance is due in December 2024, January and February 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 (irisenergylimited-exx994se.htm)

Quote: “As of September 30, 2024 we have paid $16.7 million relating to the October 2023 Agreement, and the remaining balance is due in December 2024, January and February 2025”

View cached copy (2026-10-24)Live source ↗

Record of changes

October 24, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 24, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.