jain.com

Cloud capacity target for 2026

Company: IREN

Subject kind
facility capacity
Statement date
2026-09-02
Promised by
2026-12-31
Promised amount
480.0 MW
Current status
stated

The claim, verbatim

IREN targets 480MW of cloud capacity in 2026

Source (primary)

IREN Stock Extends Rally After $2.8B AI Contracts Disclosure: Goldman Sachs Lauds Customer Diversification, Keeps ‘Neutral’ Rating - Stocktwits (-, news_article)
View cached copy (2026-09-06)Live source ↗Archive.org ↗

Quote: “targets 480MW of cloud capacity this year”

How we checked this

Checked on September 19, 2026. The cited source supports every part of this claim.

The document, published July 2026, states IREN targets 480MW of cloud capacity this year.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://stocktwits.com/news-articles/markets/equity/iren-stock-extends-rally-after-2-8-b-ai-contracts-disclosure-goldman-sachs-lauds-customer-diversification-keeps-neutral-rating/cZZSGjTR7HV) in full (5,252 characters, retrieved September 6, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms IREN Stock Extends Rally After $2.8B AI Contracts Disclosure: Goldman Sachs Lauds Customer Diversification, Keeps ‘Neutral’ Rating - Stocktwits

Quote: “targets 480MW of cloud capacity this year”

View cached copy (2026-09-06)Live source ↗Archive.org ↗