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Microsoft $9.7 billion data center agreement

Company: IREN

Subject kind
partnership
Statement date
2026-08-25
Promised amount
9.7 billion USD
Current status
stated

The claim, verbatim

IREN is developing four data centers under a five-year, $9.7 billion agreement running NVIDIA GB300 systems

Source (primary)

Crypto Mining Stocks Rally as Bitcoin Hovers Around $80K: MARA Jumps 7%, TeraWulf and IREN Climb 5% - Yahoo Finance (-, news_article)
View cached copy (2026-09-01)Live source ↗

Quote: “IREN Limited is developing under a five-year, $9.7 billion agreement running NVIDIA GB300 systems”

How we checked this

Checked on September 15, 2026. The cited source supports every part of this claim.

The article says Horizon 1 is the first of four data centers IREN is developing under a five-year, $9.7 billion agreement running NVIDIA GB300 systems.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/crypto/articles/crypto-mining-stocks-rally-bitcoin-151010611.html) in full (11,814 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% - Yahoo Finance

Quote: “IREN Limited is developing under a five-year, $9.7 billion agreement running NVIDIA GB300 systems”

View cached copy (2026-09-01)Live source ↗