Microsoft cloud services contract
Company: IREN
The claim, verbatim
IREN has a five-year cloud services contract with Microsoft for four 50MW liquid-cooled deployments valued at $9.7 billion, with the first deployment delivered and accepted
Source (primary)
IREN Heads Into FY2026 Results: Can Growth Momentum Continue? - TradingView (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “Horizon 1, the first of four 50MW liquid-cooled deployments for Microsoft, has been delivered and accepted under a five-year, $9.7 billion cloud services contract”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The article says Horizon 1, the first of four 50MW liquid-cooled deployments for Microsoft, was delivered and accepted under a five-year, $9.7 billion cloud services contract.
Confirmed in the source:
- IREN has a cloud services contract with Microsoft
- The contract is five years long
- The contract is valued at $9.7 billion
- The contract covers four 50MW liquid-cooled deployments
- The first deployment (Horizon 1) has been delivered and accepted
What we did: Read our cached copy of the publisher (https://www.tradingview.com/news/zacks:e648ce3f4094b:0-iren-heads-into-fy2026-results-can-growth-momentum-continue/) in full (6,518 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN Heads Into FY2026 Results: Can Growth Momentum Continue? - TradingView
Quote: “Horizon 1, the first of four 50MW liquid-cooled deployments for Microsoft, has been delivered and accepted under a five-year, $9.7 billion cloud services contract”