Five-year $3.4 billion NVIDIA cloud agreement
Company: IREN
The claim, verbatim
IREN holds a separate five-year $3.4 billion cloud agreement with NVIDIA
Source (primary)
Crypto Mining Stocks Rally as Bitcoin Hovers Around $80K: MARA Jumps 7%, TeraWulf and IREN Climb 5% - 24/7 Wall St. (-, news_article)
View cached copy (2026-09-01)Live source ↗
Quote: “IREN holds a $3.65 billion loan package tied to the Microsoft contract plus a separate five-year $3.4 billion cloud agreement with NVIDIA.”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The article states that IREN holds a separate five-year $3.4 billion cloud agreement with NVIDIA, in addition to its loan package tied to the Microsoft contract.
Confirmed in the source:
- IREN holds a cloud agreement with NVIDIA
- The NVIDIA cloud agreement is worth $3.4 billion
- The NVIDIA cloud agreement has a five-year term
- The NVIDIA cloud agreement is separate from IREN's Microsoft contract and its related loan package
What we did: Read our cached copy of the publisher (https://247wallst.com/investing/2026/08/25/crypto-mining-stocks-rally-as-bitcoin-hovers-around-80k-mara-jumps-7-terawulf-and-iren-climb-5/) in full (14,034 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Crypto Mining Stocks Rally as Bitcoin Hovers Around $80K: MARA Jumps 7%, TeraWulf and IREN Climb 5% - 24/7 Wall St.
Quote: “IREN holds a $3.65 billion loan package tied to the Microsoft contract plus a separate five-year $3.4 billion cloud agreement with NVIDIA.”
confirms Crypto Mining Stocks Rally as Bitcoin Hovers Around $80K: MARA Jumps 7%, TeraWulf and IREN Climb 5% - Yahoo Finance
Quote: “a separate five-year $3.4 billion cloud agreement with NVIDIA”