wayne nelms(@wayne_nelmz):Coreweave’s CRISIS is a GPU pricing problem. $CRWV fell 23.7% this week asthe cost of insuring its debt hit a record (cc @amitisinvesting), implying roughly a 60% chance of default within five years. But looking at the underlying assets and contracts, it's clear that the business of GPU financing is fundamentally uncertain. (1/)

wayne nelms

@wayne_nelmz

MIT, ex-SIG || @ornnexchange 🇺🇸

Joined September 2025

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wayne nelms@wayne_nelmz

2026.10.19 02:28

Coreweave’s CRISIS is a GPU pricing problem. $CRWV fell 23.7% this week asthe cost of insuring its debt hit a record (cc @amitisinvesting), implying roughly a 60% chance of default within five years. But looking at the underlying assets and contracts, it's clear that the business of GPU financing is fundamentally uncertain. (1/)