Horizon 1 delivered (50 MW liquid-cooled GPU facility)
Company: IREN - Project: Horizon
The claim, verbatim
IREN delivered Horizon 1, the first of four 50-megawatt liquid-cooled GPU deployments for Microsoft, in August 2026.
Source (primary)
IREN Sinks 4% as Rising Yields Reverse Monday's Rally, TeraWulf Falls 4%, Cipher Mining Drops 6% - 24/7 Wall St. (-, news_article)
View cached copy (2026-09-02)Live source ↗Archive.org ↗
Quote: “The company also delivered Horizon 1, the first of four 50-megawatt liquid-cooled deployments for Microsoft ( NASDAQ:MSFT | MSFT Price Prediction ), in August.”
How we checked this
Checked on September 15, 2026. The cited source supports every part of this claim.
The article says IREN delivered Horizon 1, the first of four 50-megawatt liquid-cooled deployments for Microsoft, in August.
Confirmed in the source:
- IREN delivered Horizon 1 in August 2026
- Horizon 1 is the first of four 50-megawatt liquid-cooled deployments for Microsoft
- The Microsoft deployments are GPU capacity, since the article ties GPU financing to the Microsoft contract
What we did: Read our cached copy of the publisher (https://247wallst.com/investing/2026/09/01/iren-sinks-4-as-rising-yields-reverse-mondays-rally-terawulf-falls-4-cipher-mining-drops-6/) in full (11,116 characters, retrieved September 2, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN Sinks 4% as Rising Yields Reverse Monday's Rally, TeraWulf Falls 4%, Cipher Mining Drops 6% - 24/7 Wall St.
Quote: “The company also delivered Horizon 1, the first of four 50-megawatt liquid-cooled deployments for Microsoft ( NASDAQ:MSFT | MSFT Price Prediction ), in August.”