Update
IREN Adjusts AI Revenue Milestone to January 2027
Bitcoin miner IREN has moved its AI operating-revenue milestone from December 31, 2026, to January 31, 2027, potentially extending through the end of February. The company also announced a separate $6 billion financing target for wider expansion beyond the conditionally funded initial program. The $9 billion includes undrawn GPU financing facilities and contracted customer prepayments still to be received, with conditions governing access to the committed financing.