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)
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Quote: “Customer prepayments funded roughly 96% of the Microsoft GPU capex”
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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”