Annualized recurring revenue
Company: IREN
The claim, verbatim
IREN has secured $2.3 billion in annualized recurring revenue, linked primarily to its Microsoft contract
Source (primary)
Better Than Nvidia? Why IREN Is the New King of AI Infrastructure - TradingKey (-, news_article)
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Quote: “IREN has already secured $2.3 billion in ARR, linked primarily to its $9.7 billion multi-year contract with Microsoft”
How we checked this
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Additional evidence
confirms Better Than Nvidia? Why IREN Is the New King of AI Infrastructure - TradingKey
Quote: “IREN has already secured $2.3 billion in ARR, linked primarily to its $9.7 billion multi-year contract with Microsoft”