Mackenzie financing facility
Company: IREN - Project: Mackenzie
The claim, verbatim
IREN has access to up to $2.4 billion in Mackenzie financing at 9% fixed rate, maturing 30 months after each staged funding date
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: “A separate Mackenzie financing of up to $2.4 billion carries a 9% fixed rate and matures 30 months after each relevant staged funding date.”
How we checked this
Checked on September 15, 2026. The cited source supports every part of this claim.
The article describes the Mackenzie financing's size, fixed rate and maturity terms exactly as claimed.
Confirmed in the source:
- IREN has a Mackenzie financing of up to $2.4 billion
- The Mackenzie financing carries a 9% fixed rate
- The Mackenzie financing matures 30 months after each relevant staged funding date
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: “A separate Mackenzie financing of up to $2.4 billion carries a 9% fixed rate and matures 30 months after each relevant staged funding date.”