Microsoft Horizon 1 data center approved and four-datacenter development agreement
Company: IREN - Project: Horizon
The claim, verbatim
Microsoft approved Horizon 1, the first of four data centers IREN is developing 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% - 24/7 Wall St. (-, 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
Checked on September 15, 2026. The cited source supports every part of this claim.
The article states that Microsoft approved Horizon 1, the first of four IREN data centers under a five-year, $9.7 billion agreement using NVIDIA GB300 systems.
Confirmed in the source:
- Microsoft approved Horizon 1
- Horizon 1 is the first of four data centers IREN is developing for Microsoft
- The agreement is five years long and worth $9.7 billion
- The data centers run NVIDIA GB300 systems
What we did: Read our cached copy of the publisher (https://247wallst.com/investing/2026/08/25/crypto-mining-stocks-rally-as-bitcoin-hovers-around-80k-mara-jumps-7-terawulf-and-iren-climb-5/) in full (14,034 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% - 24/7 Wall St.
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.”