Microsoft AI Cloud Services Contract
Company: IREN - Project: Childress
The claim, verbatim
$9.7bn multi-year contract with Microsoft for Horizon 1-4 liquid-cooled data centers at Childress
Source (primary)
iren 8-K exhibit (irenreportsq3fy26results.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-08)Live source ↗
Quote: “our $9.7bn contract with Microsoft”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
Management commentary states the $9.7bn Microsoft contract and ties it to the Horizon 1-4 liquid-cooled Childress data centers, and the 'average annual revenue' reference implies a multi-year term.
Confirmed in the source:
- IREN has a $9.7bn contract with Microsoft
- The Horizon 1-4 liquid-cooled data centers at Childress support the Microsoft contract
- The Microsoft contract is multi-year (based on average annual revenue reference)
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: “our $9.7bn contract with Microsoft”