jain.com

$1.94B Horizon revenue target

Company: IREN

Subject kind
guidance
Statement date
2026-08-13
Promised by
2026-12-31
Promised amount
1940.0 USD
Current status
stated

The claim, verbatim

Four Horizon facilities are expected to generate approximately $1.94 billion in annualized revenue once all are operational

Source (primary)

IREN Shares Surge as Microsoft Accepts First AI Data Center Under $9.7 Billion Pact - finance.biggo.com (-, news_article)
View cached copy (2026-08-31)Live source ↗

Quote: “The contract is expected to generate roughly $1.94 billion in annualized revenue once all four Horizon facilities are operational”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms IREN Shares Surge as Microsoft Accepts First AI Data Center Under $9.7 Billion Pact - finance.biggo.com

Quote: “The contract is expected to generate roughly $1.94 billion in annualized revenue once all four Horizon facilities are operational”

View cached copy (2026-08-31)Live source ↗