jain.com

Customer contract weighted average term

Company: IREN

Subject kind
partnership
Statement date
2026-07-20
Promised amount
4.0 years
Current status
stated

The claim, verbatim

Customer contracts carry a weighted average term of approximately 4 years

Source (primary)

IREN stock surges 9.11% as 85% of $4B ARR target is under contract - scanx.trade (-, news_article)
View cached copy (2026-09-05)Live source ↗Archive.org ↗

Quote: “the company's customer contracts carry a weighted average term of approximately 4 years.”

How we checked this

Checked on September 19, 2026. The cited source supports every part of this claim.

The document states this figure directly.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://scanx.trade/stock-market-news/companies/iren-stock-surges-9-11-as-85-of-4b-arr-target-is-under-contract/46975302) in full (20,387 characters, retrieved September 5, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms IREN stock surges 9.11% as 85% of $4B ARR target is under contract - scanx.trade

Quote: “the company's customer contracts carry a weighted average term of approximately 4 years.”

View cached copy (2026-09-05)Live source ↗Archive.org ↗