Childress expansion and miner option decisions during 2024
Company: IREN
What the later record shows
Partly delivered · new target March 31, 2025
The Childress expansion went ahead in 2024 (Phases 2 and 3 were built and the site reached 350MW), and part of the options were exercised. However, the decision window for the remaining options was extended into 2025, with option expiry moved to March 2025.
“As of June 30, 2024, we had paid $79.4 million to exercise options for 17,950 S21 Pro miners, which were shipped in August 2024.”
2024-08-27 · IREN 20-F filed 2024-08-28 View cached copy (2026-08-31)Live source ↗
“Decisions with respect to the Childress expansion and exercising all, some or none of the miner purchase options will be made during 2024 and 2025”
2024-08-27 · IREN 20-F filed 2024-08-28 View cached copy (2026-08-31)Live source ↗
“as of December 31, 2024, has 350MW of data center capacity and hashrate capacity of approximately 21.1 EH/s”
2025-03-19 · iren 8-K exhibit (irenlimited-exx992dec2024x.htm) View cached copy (2026-10-18)Live source ↗
Checked November 11, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
IREN will decide during 2024 on further Childress expansion and on whether to exercise all, some or none of the T21 miner purchase options.
Source (primary)
iren 8-K exhibit (ef20015356_ex99-4.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-11)Live source ↗
Quote: “Decisions with respect to Childress expansion and exercising all, some or none of the miner purchase options will be made during 2024”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms iren 8-K exhibit (ef20015356_ex99-4.htm)
Quote: “Decisions with respect to Childress expansion and exercising all, some or none of the miner purchase options will be made during 2024”