Stock Snipa(@stocksnipa):Iren $IREN is using customer contracts to finance the capital intensity of its AI buildout🔋 Customer prepayments plus GPU financing now fund 96% of $5.81B in GPU capex, while Iren had $2.6B of cash at April 30 to support the broader expansion.

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Stock Snipa@stocksnipa

2026.08.25 23:32

Iren $IREN is using customer contracts to finance the capital intensity of its AI buildout🔋 Customer prepayments plus GPU financing now fund 96% of $5.81B in GPU capex, while Iren had $2.6B of cash at April 30 to support the broader expansion.

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