$6B unfunded capex gap; asset-backed financing planned
Company: IREN
The claim, verbatim
The remaining ~$6 billion of FY2027 capex still needs funding; the company expects asset-backed financing on unencumbered data centers to help bridge the gap.
Source (primary)
IREN's $4B Revenue Goal Delayed: Is the Stock Losing Its Appeal? - TradingView (-, news_article)
View cached copy (2026-11-11)Live source ↗Archive.org ↗
Quote: “The remaining $6 billion still needs funding, subject to market conditions.”
How we checked this
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Additional evidence
confirms IREN's $4B Revenue Goal Delayed: Is the Stock Losing Its Appeal? - TradingView
Quote: “The remaining $6 billion still needs funding, subject to market conditions.”