2026 capital expenditure guidance for data centre construction
Company: IREN
The claim, verbatim
Management expects capital expenditures in 2026 of $25 to $30 billion to build liquid-cooled data centres
Source (primary)
IREN’s Stock Drops 6% As Financial Results Disappoint - Yahoo Finance (-, news_article)
View cached copy (2026-09-02)Live source ↗
Quote: “Management said they expect capital expenditures in the current year of $25 billion U.S. to $30 billion U.S. as the company continues to build its liquid-cooled data centres.”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The article, dated August 28, 2026, says management expects current-year capital expenditures of $25 billion to $30 billion as IREN continues building liquid-cooled data centres. Every part of the claim appears in the source.
Confirmed in the source:
- IREN management expects capital expenditures of $25 billion to $30 billion
- The capex guidance is for the current year, which is 2026 given the article's August 28, 2026 date
- The spending is tied to the company continuing to build liquid-cooled data centres
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/iren-stock-drops-6-financial-133800118.html) in full (7,958 characters, retrieved September 2, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN’s Stock Drops 6% As Financial Results Disappoint - Yahoo Finance
Quote: “Management said they expect capital expenditures in the current year of $25 billion U.S. to $30 billion U.S. as the company continues to build its liquid-cooled data centres.”