IREN Announces Delivery And Acceptance Of Horizon 1 By Microsoft, First Of Four 50MW Deployments Under $9.7B Five-Year Contract; Achieves NVIDIA Exemplar Cloud Status
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Why It Matters
IREN delivered its first big power system to Microsoft, and Microsoft accepted it. This shows IREN is doing what it promised, which helps prove the company can handle a huge contract worth billions of dollars over five years.
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