The $1.94 billion prepayment from Microsoft really underscores the desperation hyperscalers face for secured capacity. What's remarkable is IREN only commited 10% of their total power capacity, leaving them with massive optionality for future deals. The Dell partnership for GB300 procurement shows strong execution capability that many legacy miners lack.
Reminds me of WWE tag team champions, great update!
The $1.94 billion prepayment from Microsoft really underscores the desperation hyperscalers face for secured capacity. What's remarkable is IREN only commited 10% of their total power capacity, leaving them with massive optionality for future deals. The Dell partnership for GB300 procurement shows strong execution capability that many legacy miners lack.