Customer prepayments funded 96% of Microsoft GPU capex
Company: IREN
The claim, verbatim
Customer prepayments funded roughly 96% of the Microsoft GPU capex
Source (primary)
Why Investors Should Buy IREN Limited Over Nebius - 24/7 Wall St. (-, news_article)
View cached copy (2026-09-01)Live source ↗
Quote: “Customer prepayments funded roughly 96% of the Microsoft GPU capex”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The article says customer prepayments funded roughly 96% of IREN's Microsoft GPU capital expenditure.
Confirmed in the source:
- Customer prepayments funded roughly 96% of IREN's Microsoft GPU capex
What we did: Read our cached copy of the publisher (https://247wallst.com/investing/2026/08/31/why-investors-should-buy-iren-limited-over-nebius/) in full (10,547 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Why Investors Should Buy IREN Limited Over Nebius - 24/7 Wall St.
Quote: “Customer prepayments funded roughly 96% of the Microsoft GPU capex”
confirms Why Investors Should Buy IREN Limited Over Nebius - Yahoo Finance
Quote: “Customer prepayments funded roughly 96% of the Microsoft GPU capex”