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Microsoft prepayments

Company: IREN

Subject kind
customer
Statement date
2026-08-22
Promised amount
1.9 billion USD
Current status
stated

The claim, verbatim

IREN has secured $1.9 billion in prepayments from Microsoft

Source (primary)

Better Than Nvidia? Why IREN Is the New King of AI Infrastructure - TradingKey (-, news_article)
View cached copy (2026-08-31)Live source ↗Archive.org ↗

Quote: “Having already secured $1.9 billion through prepayments from Microsoft”

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 Better Than Nvidia? Why IREN Is the New King of AI Infrastructure - TradingKey

Quote: “Having already secured $1.9 billion through prepayments from Microsoft”

View cached copy (2026-08-31)Live source ↗Archive.org ↗