Horizons 2-4 deployment phases
Company: IREN - Project: Horizon
The claim, verbatim
Horizons 2 through 4 targeted for phased delivery in Q4 2026 with contractual grace periods extending into Q2 2027
Source (primary)
Bitcoin miner IREN still gets 82% of revenue from BTC after clearing room for Microsoft AI cloud - CryptoRank (-, news_article)
View cached copy (2026-09-01)Live source ↗
Quote: “Horizons 2 through 4 were targeted for phased delivery in calendar Q4 2026, with contractual grace periods extending into the beginning of calendar Q2 2027.”
How we checked this
Checked on September 15, 2026. The cited source supports every part of this claim.
The article states both the Q4 2026 phased delivery target and the grace periods extending into early Q2 2027.
Confirmed in the source:
- IREN's Horizons 2 through 4 were targeted for phased delivery in calendar Q4 2026
- Contractual grace periods for Horizons 2 through 4 extend into the beginning of calendar Q2 2027
What we did: Read our cached copy of the publisher (https://cryptorank.io/news/feed/691ef-iren-ai-cloud-revenue-639m-impairment-bitcoin-82-revenue) in full (8,148 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Bitcoin miner IREN still gets 82% of revenue from BTC after clearing room for Microsoft AI cloud - CryptoRank
Quote: “Horizons 2 through 4 were targeted for phased delivery in calendar Q4 2026, with contractual grace periods extending into the beginning of calendar Q2 2027.”