$4 billion contracted ARR target
Company: IREN
The claim, verbatim
IREN targets $4 billion of contracted annualized run-rate revenue (ARR) for 2026 capacity to be operational by December 31, 2026
Source (primary)
Bitcoin miner IREN still gets 82% of revenue from BTC after clearing room for Microsoft AI cloud - CryptoRank (-, news_article)
View cached copy (2026-09-01)Live source ↗
Quote: “IREN had $1 billion of operating annualized run-rate revenue, or ARR, against $4 billion of contracted ARR for its 2026 capacity. IREN targets the larger run rate to be operational by Dec. 31.”
How we checked this
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Additional evidence
confirms Bitcoin miner IREN still gets 82% of revenue from BTC after clearing room for Microsoft AI cloud - CryptoRank
Quote: “IREN had $1 billion of operating annualized run-rate revenue, or ARR, against $4 billion of contracted ARR for its 2026 capacity. IREN targets the larger run rate to be operational by Dec. 31.”