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Microsoft Horizon 1 data center approved and four-datacenter development agreement

Company: IREN - Project: Horizon

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

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

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

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.”

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