jain.com

May 2024 Bitmain S21 Pro agreement remaining balance

Company: IREN

Subject kind
acquisition
Statement date
2024-11-25
Promised by
2025-05-31
Promised amount
45600000.0 USD
Current status
outcome unconfirmed

What the later record shows

Outcome not yet confirmed

As of March 31, 2025, the $45.6 million balance is restated as due by May 2025. No later passage confirms it was paid.

“the remaining balance of $45.6 million for the purchase of 51,480 Bitmain S21 Pro is due by May 2025”
2025-05-13 · iren 8-K exhibit (irenlimited-exx994mar2025.htm) View cached copy (2026-10-15)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 $45.6 million for 51,480 S21 Pro miners under the May 2024 Bitmain agreement is due in April and May 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: “the remaining balance for the purchase of 51,480 Bitmain S21 Pro is due in April and May 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: “the remaining balance for the purchase of 51,480 Bitmain S21 Pro is due in April and May 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.