$9.7 billion five-year Microsoft contract
Company: IREN
The claim, verbatim
Five-year, $9.7 billion cloud services contract with Microsoft for AI infrastructure
Source (primary)
IREN delivers first AI data center to Microsoft as short interest hits 26% - scanx.trade (-, news_article)
View cached copy (2026-09-05)Live source ↗Archive.org ↗
Quote: “five-year, $9.7 billion cloud services contract announced in November 2025”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document describes the five-year, $9.7 billion Microsoft cloud services contract.
Confirmed in the source:
- IREN has a five-year, $9.7 billion cloud services contract with Microsoft
What we did: Read our cached copy of the publisher (https://scanx.trade/stock-market-news/companies/iren-shares-jump-10-microsoft-accepts-first-ai-data-center/48180266) in full (24,017 characters, retrieved September 5, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN delivers first AI data center to Microsoft as short interest hits 26% - scanx.trade
Quote: “five-year, $9.7 billion cloud services contract announced in November 2025”