Microsoft five-year data center agreement
Company: IREN - Project: Horizon
The claim, verbatim
IREN is developing four data centers under a five-year, $9.7 billion agreement with Microsoft for NVIDIA GB300 systems, with Microsoft approving Horizon 1 as the first data center
Source (primary)
Crypto Mining Stocks Rally as Bitcoin Hovers Around $80K: MARA Jumps 7%, TeraWulf and IREN Climb 5% - AOL.com (-, news_article)
View cached copy (2026-09-01)Live source ↗
Quote: “Last Friday, Microsoft approved Horizon 1, the first of four data centers IREN Limited is developing under a five-year, $9.7 billion agreement running NVIDIA GB300 systems.”
How we checked this
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Additional evidence
confirms Crypto Mining Stocks Rally as Bitcoin Hovers Around $80K: MARA Jumps 7%, TeraWulf and IREN Climb 5% - AOL.com
Quote: “Last Friday, Microsoft approved Horizon 1, the first of four data centers IREN Limited is developing under a five-year, $9.7 billion agreement running NVIDIA GB300 systems.”