Contract pricing and customer prepayments
Company: IREN
The claim, verbatim
Recent three-year agreements exceeded $20 million per megawatt of IT load, ongoing negotiations are approaching $25 million, and customer prepayments cover 45-55% of GPU capital expenditures.
Source (primary)
Nebius vs. IREN: Which AI Infrastructure Stock is the Better Buy? - TradingView (-, news_article)
View cached copy (2026-11-04)Live source ↗
Quote: “Recent three-year agreements have exceeded $20 million per megawatt of IT load, with ongoing negotiations approaching $25 million. These favorable pricing dynamics, coupled with customer prepayments covering 45-55% of GPU capital expenditures”
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 Nebius vs. IREN: Which AI Infrastructure Stock is the Better Buy? - TradingView
Quote: “Recent three-year agreements have exceeded $20 million per megawatt of IT load, with ongoing negotiations approaching $25 million. These favorable pricing dynamics, coupled with customer prepayments covering 45-55% of GPU capital expenditures”