Five-year ~$9.7B Microsoft AI cloud contract
Company: IREN
The claim, verbatim
IREN has a five-year project with Microsoft valued at about $9.7 billion, announced in November 2025.
Source (primary)
Goldman Sachs Cuts IREN Price Target 40% to $30, Keeps Neutral Rating - www.tokenpost.com (-, news_article)
View cached copy (2026-11-08)Live source ↗
Quote: “IREN's five-year Microsoft project, valued at about $9.7 billion”
How we checked this
Checked on November 9, 2026. The cited source supports every part of this claim.
The article describes IREN's five-year Microsoft project valued at about $9.7 billion and says the contract was announced in November 2025.
Confirmed in the source:
- IREN has a five-year project with Microsoft
- The Microsoft project is valued at about $9.7 billion
- The Microsoft contract was announced in November 2025
What we did: Read our cached copy of the publisher (https://www.tokenpost.com/news/investing/51513) in full (2,380 characters, retrieved November 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Goldman Sachs Cuts IREN Price Target 40% to $30, Keeps Neutral Rating - www.tokenpost.com
Quote: “IREN's five-year Microsoft project, valued at about $9.7 billion”