Miner option downpayment requirement
Company: IREN
The claim, verbatim
Miner purchase options require an upfront downpayment equal to 10% of the total purchase value.
Source (primary)
IREN 6-K filed 2024-01-16 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The miner purchase option includes an upfront option downpayment equal to 10% of the total purchase value”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The filing states the miner purchase option includes an upfront downpayment equal to 10% of the total purchase value.
Confirmed in the source:
- Iris Energy's Bitmain miner purchase option includes an upfront option downpayment equal to 10% of the total purchase value
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1878848/000114036124002189/ef20018887_6k.htm) in full (12,791 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN 6-K filed 2024-01-16
Quote: “The miner purchase option includes an upfront option downpayment equal to 10% of the total purchase value”