Expansion capex fully funded from cash
Company: IREN
The claim, verbatim
IREN says the capex for its hashrate expansion, about $190m for hardware and about $110m for 150MW of data centers, is fully funded, citing $322m of cash as of April 30, 2024.
Source (primary)
iren 8-K exhibit (ef20027345_ex99-2.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-05)Live source ↗
Quote: “Total Capex Fully-funded $322m cash (as of 30 April, 2024) ~$190m hardware ~$110m data centers (150MW)”
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 (ef20027345_ex99-2.htm)
Quote: “Total Capex Fully-funded $322m cash (as of 30 April, 2024) ~$190m hardware ~$110m data centers (150MW)”