IREN News Thursday, November 5, 2026 -0.30 Negative

IREN Says At Microsoft’s Request, We Are Implementing Network Design Change Across Horizon Deployments; Under Microsoft Agreement, Delivery Dates Are Extended, Without Delay Credits, For Delays Resulting From Microsoft-Requested Change; Expect Making Significant Investments For Foreseeable Future, Including Capital Requirements Related To Microsoft & NVIDIA Agreements; Expect Making Significant Investments For Foreseeable Future, Including GPU Acquisitions, Development Of Additional Data Center Capacity

IREN Says At Microsoft’s Request, We Are Implementing Network Design Change Across Horizon Deployments; Under Microsoft Agreement, Delivery Dates Are Extended, Without Delay Credits, For Delays Resulting From Microsoft-Requested Change; Expect Making Significant Investments For Foreseeable Future, Including Capital Requirements Related To Microsoft & NVIDIA Agreements; Expect Making Significant Investments For Foreseeable Future, Including GPU Acquisitions, Development Of Additional Data Center Capacity

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