Customer prepayments fund 45-55% of GPU capital costs
Company: IREN
The claim, verbatim
Recent customer prepayments have funded 45-55% of GPU capital costs
Source (primary)
IREN Q4 Earnings Call Focuses on AI Cloud Scale & Funding - Yahoo Finance (-, news_article)
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Quote: “recent customer prepayments have funded 45-55% of GPU capital costs”
How we checked this
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Additional evidence
confirms IREN Q4 Earnings Call Focuses on AI Cloud Scale & Funding - Yahoo Finance
Quote: “recent customer prepayments have funded 45-55% of GPU capital costs”