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Nscale 10-year anchor contract

Company: WhiteFiber

Subject kind
customer
Statement date
2026-06-09
Promised by
2026-07-31
Promised amount
865000000.0 USD
Current status
outcome unconfirmed

What the later record shows

Partly delivered

By mid-August 2026, initial billing had started at NC-1 and about 20 MW of IT capacity was available for customer installation and testing. Management was still completing the 40 MW ramp, so only part of the Nscale scope was in service.

“said about 20 megawatts of IT capacity at NC-1 was available for customer installation and testing.”
2026-08-13 · WYFI Q2 Earnings Call Focuses on NC-1 Ramp and Cloud Expansion - Yahoo Finance View cached copy (2026-08-31)Live source ↗
“Management's near-term agenda centers on completing NC-1's 40-megawatt ramp, securing permanent project financing”
2026-08-13 · WYFI Q2 Earnings Call Focuses on NC-1 Ramp and Cloud Expansion - Yahoo Finance View cached copy (2026-08-31)Live source ↗
“Business and Operating Performance NC1 deployment and expansion Initial billing has started at NC1.”
2026-08-14 · White Fiber (WYFI) Q2 2026 Earnings Call: NC1 Ramp and $540M+ Cloud Deals - TradingKey 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

10-year, 40 MW IT load agreement with Nscale with total contract value of approximately $865 million, with expected operational deployment by mid-2026

Source (primary)

whitefiber 8-K exhibit (ea029430601ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-06)Live source ↗

Quote: “10-year, 40 MW IT load agreement with Nscale, with expansion potential beyond initial 40 MW”

How we checked this

Checked on October 10, 2026. The cited source supports every part of this claim.

The presentation describes a 10-year, 40 MW IT load agreement with Nscale worth approximately $865 million. It also says operational deployment was expected in mid-2026, subject to construction and acceptance milestones.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/2042022/000121390026067329/ea029430601ex99-1.htm) in full (24,487 characters, retrieved September 6, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms whitefiber 8-K exhibit (ea029430601ex99-1.htm)

Quote: “10-year, 40 MW IT load agreement with Nscale, with expansion potential beyond initial 40 MW”

View cached copy (2026-09-06)Live source ↗

Record of changes

September 6, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 6, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.