Microsoft Horizon 1 accepted, $9.7B five-year contract
Company: IREN - Project: Horizon
The claim, verbatim
Microsoft formally accepted Horizon 1, the first of four data centers IREN is building for Microsoft under a five-year, $9.7 billion contract, triggering the first billing
Source (primary)
IREN Jumps 6% but Then Gives Up Gains as Microsoft Accepts Horizon 1; TeraWulf Ticks Up, Cipher Digital Drops 5% - 24/7 Wall St. (-, news_article)
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Quote: “Microsoft formally accepted Horizon 1, triggering the first billing under IREN's $9.7 billion contract”
How we checked this
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Additional evidence
confirms IREN Jumps 6% but Then Gives Up Gains as Microsoft Accepts Horizon 1; TeraWulf Ticks Up, Cipher Digital Drops 5% - 24/7 Wall St.
Quote: “Microsoft formally accepted Horizon 1, triggering the first billing under IREN's $9.7 billion contract”