# data center revenue — X 热门讨论 (2026-09-18 17:12 UTC)
## @idontexistTore (Chaos Coordinator) · 09-18 15:53 · ♥38 ↻35 💬0 PAY FIRST, ASK NEVER PART I — The War Machine (America’s Half-Trillion-Dollar Fraud Problem) https://x.com/idontexistTore/status/2100976429965902166
## @idontexistTore (Chaos Coordinator) · 09-18 15:32 · ♥48 ↻24 💬0 The Finchem File PT 2| 50CENTS on the Dollar: Who Sells Your Name When You Give to Protect the Vote https://x.com/idontexistTore/status/2100971249950236797
## @BlackPantherCap (Black Panther Capital) · 09-18 13:25 · ♥35 ↻1 💬8 Houston, we have a major misunderstanding:
There’s a confusion around the 85% figure for $IREN.
It does not mean 85% of IREN’s 5GW+ secured power pipeline is contracted.
It refers to the near-term 2026 AI Cloud buildout:
300MW of IT capacity, or 480MW of power capacity, which is largely committed, mainly $MSFT.
Against the broader 5GW+ pipeline, 480MW is only roughly 10%.
So $IREN can have most of its 2026 capacity sold while still having several GW of secured power available for future AI data center deployments.
The near-term capacity gives them revenue visibility. The remaining power gives them room to keep building as AI demand grows.
Don’t confuse a mostly sold-out 2026 buildout with a mostly sold-out 5GW+ power pipeline.
-BP
Not financial advice. > 引用 @Clavin69: @BlackPantherCap Sadly Iren has already contacted its compute out for much less! https://t.co/FuWuUat8ro https://x.com/BlackPantherCap/status/2100939144549790146