Investment-grade share of backlog
Company: IREN
The claim, verbatim
About two-thirds of backlog, or $13 billion, is tied to investment-grade counterparties.
Source (primary)
IREN Shares Slump 17% as Bitcoin Mining Revenue Collapses and Microsoft Delivery Slips to 2027 - BigGo Finance (-, news_article)
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Quote: “About two-thirds, or $13 billion, is tied to investment-grade counterparties.”
How we checked this
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Additional evidence
confirms IREN Shares Slump 17% as Bitcoin Mining Revenue Collapses and Microsoft Delivery Slips to 2027 - BigGo Finance
Quote: “About two-thirds, or $13 billion, is tied to investment-grade counterparties.”