Deferred payment for T21 miner purchase
Company: IREN
What the later record shows
Delivered; the record does not say when
By June 30, 2024 the full $18.6m for the 7,000 T21 miners had been paid, which includes the deferred 20% ($3.72m). The filing does not say whether that portion was paid by May 30, 2024.
“As of June 30, 2024, we have paid the full $40.9 million relating to this purchase agreement including $18.6 million on the purchase of miners”
2024-08-27 · IREN 20-F filed 2024-08-28 View cached copy (2026-08-31)Live source ↗
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
20% of T21 miner purchase price ($3.72 million) deferred until May 30, 2024; balance payable in progressive instalments prior to shipping
Source (primary)
IREN 6-K filed 2023-11-30 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “20% of the purchase price is deferred until May 30, 2024, with the balance payable in progressive instalments prior to shipping.”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The filing states the $18.6 million T21 purchase price, the 20% deferral to May 30, 2024, and the instalment terms. The $3.72 million figure is not written out but follows directly from those stated numbers.
Confirmed in the source:
- 20% of the T21 miner purchase price is deferred until May 30, 2024
- The balance of the purchase price is payable in progressive instalments prior to shipping
- The T21 purchase price is $18.6 million, so the 20% deferred portion is $3.72 million
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1878848/000114036123055324/ef20015516_6k.htm) in full (13,414 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN 6-K filed 2023-11-30
Quote: “20% of the purchase price is deferred until May 30, 2024, with the balance payable in progressive instalments prior to shipping.”
confirms IREN 20-F filed 2024-08-28
Quote: “As of June 30, 2024, we have paid the full $40.9 million relating to this purchase agreement including $18.6 million on the purchase of miners”