Amended T21 options allow S21 Pro upgrade
Company: IREN
The claim, verbatim
IREN amended its January 2024 Bitmain options so that approximately 48,000 miners can be taken as T21s or upgraded to S21 Pros (11.2 EH/s for $212.3 million), requiring an additional $8.5 million non-refundable deposit, with options exercisable incrementally until March 2025.
Source (primary)
iren 8-K exhibit (ef20027345_ex99-4.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-05)Live source ↗
Quote: “upgrade to approximately 48,000 S21 Pro miners, at a total purchase price of $212.3 million being $18.90/TH for 11.2 EH/s”
How we checked this
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Additional evidence
confirms iren 8-K exhibit (ef20027345_ex99-4.htm)
Quote: “upgrade to approximately 48,000 S21 Pro miners, at a total purchase price of $212.3 million being $18.90/TH for 11.2 EH/s”