jain.com

August 2024 Bitmain S21 XP agreement remaining balance

Company: IREN

Subject kind
acquisition
Statement date
2024-11-25
Promised by
2025-08-31
Promised amount
45300000.0 USD
Current status
outcome unconfirmed

What the later record shows

Outcome not yet confirmed

Later filings restate the $45.3 million balance as due, first in June and July 2025 and then by July 2025. No passage confirms it was actually paid.

“As of December 31, 2024, we have paid $181.1 million relating to the August 2024 Agreement, and the remaining balance is due in June and July 2025.”
2025-03-19 · iren 8-K exhibit (irenlimited-exx992dec2024x.htm) View cached copy (2026-10-18)Live source ↗
“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 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 $45.3 million for 39,000 S21 XP miners under the August 2024 Bitmain agreement is due in July and August 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 $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 (irisenergylimited-exx994se.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 (2026-10-24)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.