Prepayments and GPU financing cover >100% of Mackenzie GPU capex
Company: IREN - Project: Mackenzie
The claim, verbatim
Customer prepayments and GPU financing covered over 100% of GPU capex for the Mackenzie deployments.
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: “Customer prepayments and GPU financing covered over 100% of GPU CapEx for Mackenzie deployments”
How we checked this
Checked on November 11, 2026. The cited source supports every part of this claim.
The article states that customer prepayments and GPU financing covered over 100% of GPU CapEx for the Mackenzie deployments.
Confirmed in the source:
- Customer prepayments and GPU financing covered over 100% of GPU capex for the Mackenzie deployments
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: “Customer prepayments and GPU financing covered over 100% of GPU CapEx for Mackenzie deployments”