Forthcoming NVIDIA contract revenue
Company: IREN
The claim, verbatim
Additional $700 million in annual recurring revenue from forthcoming NVIDIA contract
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: “an additional $700 million tied to a forthcoming NVIDIA contract”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document attributes an additional $700 million of annual recurring revenue to a forthcoming NVIDIA contract.
Confirmed in the source:
- An additional $700 million in contracted cloud annual recurring revenue is tied to a forthcoming NVIDIA contract
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: “an additional $700 million tied to a forthcoming NVIDIA contract”