jain.com

2026 capacity expansion target

Company: IREN

Subject kind
guidance
Statement date
2026-05-10
Promised by
2026-12-31
Promised amount
480.0 MW
Current status
stated

The claim, verbatim

Targeting 480 megawatts of AI Cloud capacity with 150,000 GPUs in 2026

Source (primary)

iren 8-K exhibit (irentranscript.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-07)Live source ↗

Quote: “In 2026, we are targeting 480 megawatts of AI Cloud capacity, 150,000 GPUs, and 3.7 billion of ARR by year-end.”

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 8-K exhibit (irentranscript.htm)

Quote: “In 2026, we are targeting 480 megawatts of AI Cloud capacity, 150,000 GPUs, and 3.7 billion of ARR by year-end.”

View cached copy (2026-09-07)Live source ↗