Iren material events

IrenAgreement

IREN signs a $9.7 billion GPU cloud contract with Microsoft

Filed Nov 3, 2025Original

An 8-K is the report a US listed company files within four business days of a material event.

What the company reported

  • On November 2, 2025, it agreed to provide Microsoft GPU infrastructure over a five-year average term.
  • The total contract value is about $9.7 billion through 2031, at data centers in Childress, Texas.
  • It also signed a Dell purchase agreement of about $5.8 billion, with deliveries in tranches from March 2026.

Items reported

  • 1.01 Material agreement
  • 7.01 Investor presentation
  • 9.01 Exhibits

The company's own filing, put into Korean. The numbers are the filing's.