IREN AI cloud revenue target share under contract
Company: IREN
The claim, verbatim
As of July, about 85% of IREN's target of more than $4 billion in annualized AI cloud revenue was under contract.
Source (primary)
Cipher Digital Soars 9%, IREN Up 8% as AI Data Center Stocks Rebound After Selloff - TIKR.com (-, news_article)
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Quote: “In July, IREN said about 85% of its target of more than $4 billion in annualized AI cloud revenue by the end of 2026 was under contract.”
How we checked this
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Additional evidence
confirms Cipher Digital Soars 9%, IREN Up 8% as AI Data Center Stocks Rebound After Selloff - TIKR.com
Quote: “In July, IREN said about 85% of its target of more than $4 billion in annualized AI cloud revenue by the end of 2026 was under contract.”