Operating annualized run-rate revenue ($1B)
Company: IREN
The claim, verbatim
IREN's current operating annualized run-rate revenue is approximately $1 billion.
Source (primary)
IREN Sinks 4% as Rising Yields Reverse Monday's Rally, TeraWulf Falls 4%, Cipher Mining Drops 6% - 24/7 Wall St. (-, news_article)
View cached copy (2026-09-02)Live source ↗Archive.org ↗
Quote: “current operating annualized run-rate revenue of about $1 billion”
How we checked this
Checked on September 15, 2026. The cited source supports every part of this claim.
The article reports that IREN's management put current operating annualized run-rate revenue at about $1 billion.
Confirmed in the source:
- IREN's current operating annualized run-rate revenue is about $1 billion
What we did: Read our cached copy of the publisher (https://247wallst.com/investing/2026/09/01/iren-sinks-4-as-rising-yields-reverse-mondays-rally-terawulf-falls-4-cipher-mining-drops-6/) in full (11,116 characters, retrieved September 2, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN Sinks 4% as Rising Yields Reverse Monday's Rally, TeraWulf Falls 4%, Cipher Mining Drops 6% - 24/7 Wall St.
Quote: “current operating annualized run-rate revenue of about $1 billion”