GPU financing leverage
Company: IREN
The claim, verbatim
GPU financing has leveraged up to 90% of hardware costs in some cases
Source (primary)
IREN CEO addresses investor concerns over $25B–$30B capex plan as company pivots from Bitcoin mining to AI - cryptobriefing.com (-, news_article)
View cached copy (2026-09-05)Live source ↗Archive.org ↗
Quote: “In some cases, GPU financing has leveraged up to 90% of the hardware cost.”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document states this financing leverage figure.
Confirmed in the source:
- GPU financing leveraged up to 90% of hardware costs in some cases
What we did: Read our cached copy of the publisher (https://cryptobriefing.com/iren-ceo-30b-capex-ai-pivot/) in full (6,158 characters, retrieved September 5, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN CEO addresses investor concerns over $25B–$30B capex plan as company pivots from Bitcoin mining to AI - cryptobriefing.com
Quote: “In some cases, GPU financing has leveraged up to 90% of the hardware cost.”