Microsoft 20% upfront payment commitment
Company: IREN
The claim, verbatim
Microsoft to pay 20% of $9.7 billion contract value upfront across four tranches
Source (primary)
IREN delivers first AI data center to Microsoft as short interest hits 26% - scanx.trade (-, news_article)
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Quote: “Microsoft is due to pay 20% of the contract value upfront across the four tranches”
How we checked this
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Additional evidence
confirms IREN delivers first AI data center to Microsoft as short interest hits 26% - scanx.trade
Quote: “Microsoft is due to pay 20% of the contract value upfront across the four tranches”