Customer prepayments to help fund data center buildout
Company: Nebius
The claim, verbatim
Nebius highlighted customer prepayments in its investor materials as a mechanism to help fund new data center capacity buildout without relying entirely on external financing.
Source (primary)
BNP Paribas Upgrades Nebius Group (NASDAQ: NBIS) To Outperform With $399 Target As Stock Slides 2.5% - foreignpolicyjournal.com (-, news_article)
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Quote: “Nebius also highlighted customer prepayments in its investor materials, describing them as a mechanism that can help fund the buildout of new data center capacity without relying entirely on external financing.”
How we checked this
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Additional evidence
confirms BNP Paribas Upgrades Nebius Group (NASDAQ: NBIS) To Outperform With $399 Target As Stock Slides 2.5% - foreignpolicyjournal.com
Quote: “Nebius also highlighted customer prepayments in its investor materials, describing them as a mechanism that can help fund the buildout of new data center capacity without relying entirely on external financing.”