Horizon 1 data center approval and operational status
Company: IREN
The claim, verbatim
Horizon 1, the first of four data centers under the Microsoft contract, has been approved by Microsoft and is operational for revenue generation
Source (primary)
IREN Clears Its Biggest AI Test With Microsoft - GuruFocus (-, news_article)
View cached copy (2026-08-31)Live source ↗Archive.org ↗
Quote: “Microsoft Corp. ( MSFT , Financials ) has officially approved Horizon 1, the first of four data centers IREN is developing under a five-year, $9.7 billion deal. That's important because IREN may now begin to send Microsoft a bill every month”
How we checked this
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Additional evidence
confirms IREN Clears Its Biggest AI Test With Microsoft - GuruFocus
Quote: “Microsoft Corp. ( MSFT , Financials ) has officially approved Horizon 1, the first of four data centers IREN is developing under a five-year, $9.7 billion deal. That's important because IREN may now begin to send Microsoft a bill every month”