IrenAgreement
IREN signs a purchase agreement with Dell for GPUs worth about $1.6 billion
Filed May 26, 2026Original
An 8-K is the report a US listed company files within four business days of a material event.
What the company reported
- On May 19, 2026, a subsidiary signed a GPU purchase agreement with Dell.
- The total price is about $1.6 billion, payable within 30 days of each tranche shipping.
- The GPUs go to the Childress, Texas campus to serve its $3.4 billion managed services AI cloud contract.
- IREN agreed to unconditionally guarantee the subsidiary's obligations under the agreement.
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.