IREN shares fall 18% as $30 billion AI buildout raises funding concerns

Verifying
  • IREN plans $25 billion to $30 billion in fiscal 2027 capital spending.
  • H100 rental prices fell 11.1% to $2.71 per GPU-hour on Sept. 30.
  • IREN had $4 billion in contracted 2026 annualized run-rate revenue in August.
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