CleanSpark $CLSK Founder and CEO Matt Schultz was also at H.C. Wainwright.. Some decent color on the importance of securing a top general contractor, what lenders are looking at when underwriting data center financings, and the current status of the sites they have in Texas under exclusivity (with their same signed tenant in Georgia). "For us, our tenant actually came with a specific request for an EPCM, and that EPCM has built for them before, and they also manufacture a lot of the mechanical, electrical, and plumbing components internally. It enabled us to get certainty on supply chain. It enabled us to push some of the potential risks and liquidated damages over to the construction site.. The ability to build.. has quickly been de-risked largely because of the fact of that one lump sum turnkey contract at the request of our (tenant)." "In the beginning, the analysis for high yield or investment grade was, who's the guarantor? What's the credit wrap? Who's going to give certainty that the rent payments are being made? That evolved to.. what's the certainty on construction, and what do the political headwinds look like." "We feel very confident that the exclusivity and the option for that will ultimately be executed, and we're seeing price go up in parallel with demand."