~$9B liquidity; $5.8B cash; $10.2B debt
Company: IREN
The claim, verbatim
IREN has approximately $9 billion of cash and undrawn commitments, $5.8 billion total cash including $2.3 billion restricted, and $10.2 billion of total debt largely in low-coupon convertible notes maturing 2032 and beyond.
Source (primary)
IREN Ltd (IREN) Q1 2027 Earnings Call Highlights: AI Cloud Revenue Nearly Triples to $200 ... - Yahoo Finance (-, news_article)
View cached copy (2026-11-09)Live source ↗Archive.org ↗
Quote: “Liquidity: Approximately $9 billion of cash and undrawn commitments to fund growth.”
How we checked this
Checked on November 10, 2026. The cited source supports every part of this claim.
The article lists every one of these liquidity, cash and debt figures.
Confirmed in the source:
- IREN has approximately $9 billion of cash and undrawn commitments
- IREN has $5.8 billion of total cash
- Total cash includes $2.3 billion of restricted cash
- IREN has $10.2 billion of total debt
- The debt is largely low-coupon convertible notes with maturities concentrated in 2032 and beyond
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/technology/ai/articles/iren-ltd-iren-q1-2027-052040826.html) in full (17,109 characters, retrieved November 9, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN Ltd (IREN) Q1 2027 Earnings Call Highlights: AI Cloud Revenue Nearly Triples to $200 ... - Yahoo Finance
Quote: “Liquidity: Approximately $9 billion of cash and undrawn commitments to fund growth.”