Customer prepayments for Microsoft GPU capex
Company: IREN
The claim, verbatim
Customer prepayments funded approximately 96 percent of IREN's Microsoft GPU capex
Source (primary)
Why Investors Should Buy IREN Limited Over Nebius - Yahoo Finance (-, news_article)
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Quote: “Customer prepayments funded roughly 96% of the Microsoft GPU capex”
How we checked this
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Additional evidence
confirms Why Investors Should Buy IREN Limited Over Nebius - Yahoo Finance
Quote: “Customer prepayments funded roughly 96% of the Microsoft GPU capex”