$6.5B GPU financing since May at 6-9.5%
Company: IREN
The claim, verbatim
IREN has raised $6.5 billion of GPU financing since May 2026 at rates of 6% to 9.5%, as part of $19 billion of capital raised in the 12 months to September 30.
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: “$19 billion over the 12 months to September 30, including $6.5 billion of GPU financing since May at 6% to 9.5%”
How we checked this
Checked on November 10, 2026. The cited source supports every part of this claim.
The article lists $19 billion raised over the 12 months to September 30, including $6.5 billion of GPU financing since May at 6% to 9.5%. Given that window, the May date implies May 2026.
Confirmed in the source:
- IREN raised $19 billion of capital in the 12 months to September 30
- This included $6.5 billion of GPU financing since May
- The GPU financing was at rates of 6% to 9.5%
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: “$19 billion over the 12 months to September 30, including $6.5 billion of GPU financing since May at 6% to 9.5%”