jain.com

Contracted ARR Target

Company: IREN

Subject kind
guidance
Statement date
2026-09-03
Promised by
2026-12-31
Promised amount
4.0 billion USD
Current status
stated

The claim, verbatim

IREN targets $4 billion of contracted ARR operational by December 31

Source (primary)

Data Center Stocks Rally With Bitcoin: Cipher Mining Jumps 12%, TeraWulf Surges 8%, IREN Rises 4% - 24/7 Wall St. (-, news_article)
View cached copy (2026-09-04)Live source ↗

Quote: “IREN operates $1 billion of AI Cloud annual recurring revenue and targets $4 billion of contracted ARR operational by December 31”

How we checked this

Checked on September 18, 2026. The cited source supports every part of this claim.

The article states that IREN targets $4 billion of contracted ARR operational by December 31.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://247wallst.com/investing/2026/09/03/data-center-stocks-rally-with-bitcoin-cipher-mining-jumps-12-terawulf-surges-8-iren-rises-4/) in full (12,489 characters, retrieved September 4, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Data Center Stocks Rally With Bitcoin: Cipher Mining Jumps 12%, TeraWulf Surges 8%, IREN Rises 4% - 24/7 Wall St.

Quote: “IREN operates $1 billion of AI Cloud annual recurring revenue and targets $4 billion of contracted ARR operational by December 31”

View cached copy (2026-09-04)Live source ↗