Decision on 9 EH/s T21 options during 2024
Company: IREN
What the later record shows
Delivered late · happened January 2, 2025
In 2024 the options were amended and partly exercised (17,950 S21 Pro miners by June 30, 2024). The decision on the remaining options was only made on January 2, 2025, after the 2024 deadline.
“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.”
2025-03-19 · IREN 20-F/A filed 2025-03-20 View cached copy (2026-08-31)Live source ↗
“On January 2, 2025, we exercised options for the remaining 30,050 S21 Pro miners, with a total hashrate of 7.0 EH/s”
2025-03-19 · iren 8-K exhibit (irenlimited-exx992dec2024x.htm) View cached copy (2026-10-18)Live source ↗
Checked November 12, 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 whether to exercise all, some or none of the 9 EH/s T21 purchase options, based on market conditions, shareholder value and funding availability.
Source (primary)
iren 8-K exhibit (ef20020920_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-12)Live source ↗
Quote: “Decisions with respect to 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 (ef20020920_ex99-1.htm)
Quote: “Decisions with respect to exercising all, some or none of the miner purchase options will be made during 2024”
confirms IREN 20-F/A filed 2025-03-20
Quote: “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.”
confirms iren 8-K exhibit (irenlimited-exx992dec2024x.htm)
Quote: “On January 2, 2025, we exercised options for the remaining 30,050 S21 Pro miners, with a total hashrate of 7.0 EH/s”