NVIDIA Warrants for Ordinary Shares
Company: IREN
The claim, verbatim
5-year right issued to NVIDIA to purchase up to 30 million ordinary shares at $70 per share, representing potential investment of up to $2.1 billion, subject to regulatory conditions
Source (primary)
iren 8-K exhibit (irenreportsq3fy26results.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-08)Live source ↗
Quote: “IREN issued to NVIDIA a 5-year right to purchase up to 30 million shares of ordinary stock at an exercise price of $70 per share, resulting in a right to invest up to $2.1 billion, subject to certain conditions including regulatory”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document establishes the 30 million share right at $70, the $2.1bn potential investment, and the regulatory conditions.
Confirmed in the source:
- IREN issued NVIDIA a 5-year right to purchase up to 30 million ordinary shares at $70 per share
- This represents a potential investment of up to $2.1 billion
- The right is subject to certain conditions including regulatory
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1878848/000187884826000025/irenreportsq3fy26results.htm) in full (30,392 characters, retrieved September 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms iren 8-K exhibit (irenreportsq3fy26results.htm)
Quote: “IREN issued to NVIDIA a 5-year right to purchase up to 30 million shares of ordinary stock at an exercise price of $70 per share, resulting in a right to invest up to $2.1 billion, subject to certain conditions including regulatory”