NC-1 Nscale initial billing commencement
Company: WhiteFiber - Project: NC-1
What the later record shows
Not a promise: a reported event
The quoted claim reports that initial billing had already commenced. The CEO stated this on the Aug 12, 2026 call, but no exact start date is given.
“Initial billing has commenced, and we expect to reach full contracted run-rate billing across the 40 megawatts of contracted IT load later this month”
2026-08-21 · WYFI Stock Rallies On Earnings Beat, CEO Says NC-1 Has Entered ‘Active Customer Deployment’ With Initial Billing Underwa View cached copy (2026-08-31)Live source ↗
Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Initial billing with Nscale at NC-1 commenced in Q3 2026, with full revenue contribution expected in Q3 2026 upon reaching contractual capacity.
Source (primary)
whitefiber 8-K exhibit (ea030525701ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-15)Live source ↗
Quote: “Initial billing has commenced”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The presentation states that initial billing at NC-1 began in Q3 2026. It also says full revenue contribution is expected in Q3 2026 once the facility reaches contractual capacity, subject to deployment, commissioning and customer acceptance milestones.
Confirmed in the source:
- Initial billing under the Nscale agreement at NC-1 commenced during the third quarter of 2026
- Full revenue contribution from NC-1 is expected during the third quarter of 2026 as the facility reaches contractual capacity
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/2042022/000121390026099424/ea030525701ex99-1.htm) in full (29,875 characters, retrieved September 15, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms whitefiber 8-K exhibit (ea030525701ex99-1.htm)
Quote: “Initial billing has commenced”