$6B of planned capex still unfunded
Company: IREN
The claim, verbatim
IREN has $6 billion in planned capital spending that still needs to be funded.
Source (primary)
Cloudflare Soars 20%, IREN Surges 15% as Earnings Beats Spark AI Cloud Rebound; CoreWeave Jumps 10% - 24/7 Wall St. (-, news_article)
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Quote: “IREN's $6 billion in planned capital spending still to be funded”
How we checked this
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Additional evidence
confirms Cloudflare Soars 20%, IREN Surges 15% as Earnings Beats Spark AI Cloud Rebound; CoreWeave Jumps 10% - 24/7 Wall St.
Quote: “IREN's $6 billion in planned capital spending still to be funded”