Short-duration AI cloud contract at $40M/MW
Company: IREN
The claim, verbatim
IREN signed a separate short-duration contract at a rate of $40 million per megawatt.
Source (primary)
Cloudflare Soars 20%, IREN Surges 15% as Earnings Beats Spark AI Cloud Rebound; CoreWeave Jumps 10% - 24/7 Wall St. (-, news_article)
View cached copy (2026-11-07)Live source ↗Archive.org ↗
Quote: “A separate short-duration contract carries a rate of $40 million per megawatt.”
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 Cloudflare Soars 20%, IREN Surges 15% as Earnings Beats Spark AI Cloud Rebound; CoreWeave Jumps 10% - 24/7 Wall St.
Quote: “A separate short-duration contract carries a rate of $40 million per megawatt.”