$9.7 billion five-year Microsoft agreement
Company: IREN - Project: Childress
The claim, verbatim
IREN has a five-year, $9.7 billion agreement with Microsoft for four 50MW Horizon deployments
Source (primary)
IREN's NVIDIA Status and Microsoft Win: Time to Buy or Hold the Stock? - TradingView (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “five-year, $9.7 billion Microsoft agreement... Horizon 1 is the first of four 50MW deployments”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document ties the five-year, $9.7 billion Microsoft agreement to four 50MW deployments.
Confirmed in the source:
- IREN has a five-year, $9.7 billion agreement with Microsoft
- Horizon 1 is the first of four 50MW deployments under the agreement
What we did: Read our cached copy of the publisher (https://www.tradingview.com/news/zacks:0880dda1e094b:0-iren-s-nvidia-status-and-microsoft-win-time-to-buy-or-hold-the-stock/) in full (8,524 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN's NVIDIA Status and Microsoft Win: Time to Buy or Hold the Stock? - TradingView
Quote: “five-year, $9.7 billion Microsoft agreement... Horizon 1 is the first of four 50MW deployments”