$4B+ annual recurring revenue target
Company: IREN
The claim, verbatim
Targeting more than $4 billion in annual recurring revenue by year-end 2026
Source (primary)
IREN Climbs 4% on $2.4B Blue Owl-Led GPU Financing; Cipher Digital Gains 2% - 24/7 Wall St. (-, news_article)
View cached copy (2026-09-05)Live source ↗Archive.org ↗
Quote: “is targeting more than $4 billion of annual recurring revenue (ARR) by year-end”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document states IREN is targeting more than $4 billion of ARR by year-end, and the article is dated September 2026.
Confirmed in the source:
- IREN is targeting more than $4 billion of annual recurring revenue by year-end 2026
What we did: Read our cached copy of the publisher (https://247wallst.com/investing/2026/09/04/iren-climbs-4-on-2-4b-blue-owl-led-gpu-financing-cipher-digital-gains-2/) in full (11,808 characters, retrieved September 5, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN Climbs 4% on $2.4B Blue Owl-Led GPU Financing; Cipher Digital Gains 2% - 24/7 Wall St.
Quote: “is targeting more than $4 billion of annual recurring revenue (ARR) by year-end”