NC-1 billing commencement
Company: WhiteFiber - Project: NC-1
What the later record shows
Delivered late
The Q2 10-Q moved capacity delivery to Nscale into the third quarter, so billing did not start in Q2 2026. Initial billing had commenced by the August 12 earnings call; the exact date is not stated.
“Management expects to begin delivering capacity to Nscale during the third quarter and for NC-1 to start generating revenues 30 days after completion.”
2026-08-11 · WhiteFiber 10-Q filed 2026-08-12 View cached copy (2026-08-31)Live source ↗
“Initial billing had started, with the full 40 megawatts expected to reach run-rate billing by the end of August.”
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 ↗
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
Billing for NC-1 Phase 1 & 2 capacity expected to commence in Q2 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: “Billing is expected to commence during second quarter of 2026, subject to completion of construction and commissioning”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
A data center portfolio footnote states NC-1 is 100% contracted for Phase 1 & 2 capacity and that billing is expected to commence during the second quarter of 2026, subject to construction and commissioning.
Confirmed in the source:
- NC-1 Phase 1 & 2 capacity is contracted
- Billing for NC-1 Phase 1 & 2 capacity is expected to commence during the second quarter of 2026
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: “Billing is expected to commence during second quarter of 2026, subject to completion of construction and commissioning”
confirms WYFI Q2 Earnings Call Focuses on NC-1 Ramp and Cloud Expansion - Yahoo Finance
Quote: “Initial billing had started, with the full 40 megawatts expected to reach run-rate billing by the end of August.”
confirms WhiteFiber 10-Q filed 2026-08-12
Quote: “Management expects to begin delivering capacity to Nscale during the third quarter and for NC-1 to start generating revenues 30 days after completion.”