$6B of FY2027 capex unfunded
Company: IREN
The claim, verbatim
$6 billion of IREN's planned $15 billion in remaining FY2027 capital expenditures still needs funding.
Source (primary)
IREN Sinks 10% as Analyst Target Cuts Pile Up After Microsoft Delay; Cipher Digital Falls 6%, TeraWulf Slides 2% - 24/7 Wall St. (-, news_article)
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Quote: “$6 billion still needs funding”
How we checked this
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Additional evidence
confirms IREN Sinks 10% as Analyst Target Cuts Pile Up After Microsoft Delay; Cipher Digital Falls 6%, TeraWulf Slides 2% - 24/7 Wall St.
Quote: “$6 billion still needs funding”