jain.com

Option on further 51,480 S21 Pro miners

Company: IREN

Subject kind
facility capacity
Statement date
2024-05-14
Promised amount
227700000.0 USD
Current status
stated

The claim, verbatim

IREN's May 2024 Bitmain agreement includes an option on approximately 51,480 more S21 Pro miners (12.0 EH/s) at $18.9/TH, with a $22.8 million non-refundable deposit, exercisable incrementally until May 2025 for a total price of $227.7 million if fully exercised.

Source (primary)

iren 8-K exhibit (ef20027345_ex99-4.htm) (SEC EDGAR (8-K Ex), press_release)
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Quote: “The options can be exercised incrementally over the option period until May 2025. If the entire option is exercised, the total purchase price will be $227.7 million.”

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_ex99-4.htm)

Quote: “The options can be exercised incrementally over the option period until May 2025. If the entire option is exercised, the total purchase price will be $227.7 million.”

View cached copy (2026-11-05)Live source ↗