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IREN Moves Its $4 Billion AI Cloud Goal Into 2027, With $6 Billion of Capex Yet to Be Financed

Unchained·November 6, 2026·1 min read
IREN Moves Its $4 Billion AI Cloud Goal Into 2027, With $6 Billion of Capex Yet to Be Financed

IREN moved its $4 billion AI cloud revenue goal to 2027, blaming a customer-requested change and supplier timing. The bitcoin miner turned AI cloud provider saw AI cloud revenue rise to $200 million last quarter. The company still has $6 billion of capex yet to be financed.

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