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Optional pathway to 40 EH/s in 1H 2025

Company: IREN

Subject kind
guidance
Statement date
2024-05-14
Promised by
2025-06-30
Promised amount
40.0 units
Current status
verified

What the later record shows

Delivered on time · happened May 5, 2025

IREN exercised S21 Pro miner options, and its update dated May 5, 2025 lists operating sites that sum to about 40 EH/s, ahead of the end of 1H 2025. No passage states the 40 EH/s total directly, and the date used is the document date, so the milestone may have been reached earlier.

“On January 2, 2025, we exercised options for the remaining 30,050 S21 Pro miners, with a total hashrate of 7.0 EH/s”
2025-03-19 · iren 8-K exhibit (irenlimited-exx992dec2024x.htm) View cached copy (2026-10-18)Live source ↗
“Operating | 1.6 EH/s Operating | 3.1 EH/s Operating | 5.2 EH/s Under Construction H1 2025 (150MW) H2 2025 (100MW) Operating (500MW) | 30 EH/s”
2025-05-05 · iren 8-K exhibit (aprilmonthlyupdatevf.htm) View cached copy (2026-10-16)Live source ↗

Checked November 5, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

IREN has growth optionality to reach 40 EH/s in 1H 2025, supported by purchase options on 10 EH/s of Bitmain S21 Pro miners.

Source (primary)

iren 8-K exhibit (ef20027345_ex99-5.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-05)Live source ↗

Quote: “with growth optionality to 40 EH/s in 1H 2025”

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_ex99-5.htm)

Quote: “with growth optionality to 40 EH/s in 1H 2025”

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

confirms iren 8-K exhibit (aprilmonthlyupdatevf.htm)

Quote: “Operating | 1.6 EH/s Operating | 3.1 EH/s Operating | 5.2 EH/s Under Construction H1 2025 (150MW) H2 2025 (100MW) Operating (500MW) | 30 EH/s”

View cached copy (2026-10-16)Live source ↗

confirms iren 8-K exhibit (irenlimited-exx992dec2024x.htm)

Quote: “On January 2, 2025, we exercised options for the remaining 30,050 S21 Pro miners, with a total hashrate of 7.0 EH/s”

View cached copy (2026-10-18)Live source ↗

Record of changes

November 5, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
November 5, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.