Register and share your invite link to earn from video plays and referrals.

Hardik Shah
@AIStockSavvy
Breaking US stock news, earnings & analyst calls, AI-powered | Trade on facts, not hype | Turn on 🔔 so you never miss a move | NFA
Joined September 2009
1.2K Following    42.9K Followers
đŸ“ĸ 𝗝𝗨đ—Ļ𝗧 𝗜𝗡: $WYFI WhiteFiber to Acquire Two North Carolina Sites, Targeting Up to 200 MW of Data Center Capacity 👉 𝗞𝗲𝘆 𝗛đ—ļ𝗴đ—ĩ𝗹đ—ļ𝗴đ—ĩ𝘁𝘀: ➤ đ—Ēđ—ĩđ—ļ𝘁𝗲𝗙đ—ļđ—¯đ—˛đ—ŋ agrees to acquire two industrial properties in North Carolina. ➤ 𝗡𝗖-𝟮 and 𝗡𝗖-đŸ¯ will become new data center campuses. ➤ Sites are expected to provide at least 𝟲đŸŦ 𝗠đ—Ē initially. ➤ Combined capacity could expand to approximately 𝟮đŸŦđŸŦ 𝗠đ—Ē over time. ➤ Initial ready-for-service capacity is targeted for đ—¤đŸ¯ 𝟮đŸŦđŸŽđŸŗ. ➤ WhiteFiber is in advanced discussions with prospective data center customers. ➤ Company received non-binding LOIs with đ—ļđ—ģ𝘃𝗲𝘀𝘁đ—ē𝗲đ—ģ𝘁-𝗴đ—ŋ𝗮𝗱𝗲 credit support. ➤ Cash purchase price for the properties totals $𝟲đŸŦ đ—ēđ—ļ𝗹𝗹đ—ļđ—ŧđ—ģ. ➤ Transaction is expected to close in 𝗤𝟰 𝟮đŸŦ𝟮𝟲. 👉 đ—Ēđ—ĩ𝘆 𝗧đ—ĩđ—ļ𝘀 𝗠𝗮𝘁𝘁𝗲đ—ŋ𝘀: ➤ Potential 𝟮đŸŦđŸŦ 𝗠đ—Ē capacity significantly expands WhiteFiber's AI infrastructure footprint. ➤ Retrofit-first development could accelerate deployment and improve 𝗰𝗮đ—Ŋđ—ļ𝘁𝗮𝗹 đ—˛đ—ŗđ—ŗđ—ļ𝗰đ—ļ𝗲đ—ģ𝗰𝘆. ➤ Prospective customer interest signals potential demand for upcoming 𝗔𝗜 𝗰đ—ŧđ—ēđ—Ŋ𝘂𝘁𝗲 capacity. ➤ Nearby NC-1 operations could provide regional development and operating synergies. 👉 𝗘𝘅đ—Ŋ𝗲đ—ŋ𝘁 đ—Ļ𝘁𝗮𝘁𝗲đ—ē𝗲đ—ģ𝘁: đ—Ļ𝗮đ—ē đ—§đ—Žđ—¯đ—Žđ—ŋ, Chief Executive Officer of WhiteFiber: "This agreement is an important next step in scaling WhiteFiber's data center platform. NC-2 and NC-3 would expand our North Carolina footprint near NC-1, allowing us to build on the capabilities and relationships we have established in the region. With strong prospective customer interest and initial capacity targeted for 2027, we believe these properties can become a meaningful next phase of our growth. We look forward to working closely with local stakeholders and being a responsible long-term partner to the community."
Show more