$IREN (+6,18 %)
Key Highlights
- Purchase of 4.2k NVIDIA Blackwell B200 GPUs
- Initial commitment made from cash, financing conversations underway
- Deploying at Prince George data center
- Expands AI Cloud to approximately 8.5k GPUs
- $102m in financing secured for prior GPU purchases
- 36-month lease
- 100% of the purchase price
- Lease payments calculated utilizing high single digit interest rate
