Customer prepayments on GPU capital expenditure
Company: IREN
The claim, verbatim
IREN's recent customer agreements include prepayments equal to roughly 45% of associated GPU capital expenditure
Source (primary)
IREN Stock Jumps 10% After Microsoft, NVIDIA AI Infrastructure Wins - The Crypto Times (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “recent agreements included customer prepayments equal to roughly 45% of associated GPU capital expenditure”
How we checked this
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Additional evidence
confirms IREN Stock Jumps 10% After Microsoft, NVIDIA AI Infrastructure Wins - The Crypto Times
Quote: “recent agreements included customer prepayments equal to roughly 45% of associated GPU capital expenditure”