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Fleet efficiency of 21.9 J/TH after 20 EH/s expansion

Company: IREN

Subject kind
guidance
Statement date
2024-04-28
Promised by
2024-12-31
Promised amount
21.9
Current status
outcome unconfirmed

What the later record shows

Outcome not yet confirmed

No passage reports nameplate fleet efficiency in J/TH after the expansion.

Checked November 8, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

IREN says completing the 20 EH/s expansion in 2024 will improve nameplate fleet efficiency to 21.9 J/TH.

Source (primary)

iren 8-K exhibit (ef20027927_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-08)Live source ↗

Quote: “which will improve nameplate fleet efficiency to 21.9 J/TH”

How we checked this

Checked on November 9, 2026. The cited source supports every part of this claim.

The release says the 20 EH/s expansion in 2024 will improve nameplate fleet efficiency to 21.9 J/TH.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1878848/000114036124022673/ef20027927_ex99-1.htm) in full (12,180 characters, retrieved November 8, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms iren 8-K exhibit (ef20027927_ex99-1.htm)

Quote: “which will improve nameplate fleet efficiency to 21.9 J/TH”

View cached copy (2026-11-08)Live source ↗

Record of changes

November 8, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
November 8, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.