IREN claims $4 billion in annualized contract revenue, but the actual figure is only $1 billion
According to Blockspace on October 12, IREN and Anthropic allegedly signed a multiyear cloud services contract, but both IREN and Anthropic declined to comment on the matter. IREN announced on August 27 of this year that a new customer, a “leading AI lab,” had signed a contract, but did not disclose the customer’s name. It remains impossible to confirm whether the customer is Anthropic. IREN’s Anthropic Contract Remains Unverified According to IREN’s financial data and SEC filings, its key finan