Billing commencement for first 20 MW phase
Company: WhiteFiber - Project: NC-1
What the later record shows
Delivered late
Billing did not start on April 30, 2026. The 10-K moved revenue start to June 2026 and the Q2 10-Q moved Nscale delivery to Q3. At the Q2 2026 earnings call in August, the CEO said initial billing had commenced, with about 20 MW available; the exact start date is not given.
“Management expects NC-1 to start generating revenue in June of 2026.”
2026-03-25 · WhiteFiber 10-K filed 2026-03-26 View cached copy (2026-08-31)Live source ↗
“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 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
Billing for the initial 20 MW is anticipated to commence on April 30, 2026
Source (primary)
WhiteFiber 8-K filed 2025-12-18 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Billing for the initial 20 MW is anticipated to commence on April 30, 2026”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The filing states verbatim that billing for the initial 20 MW is anticipated to commence on April 30, 2026.
Confirmed in the source:
- Billing for the initial 20 MW phase at WhiteFiber's NC-1 Facility is anticipated to commence on April 30, 2026
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/2042022/000121390025123321/ea0269918-8k_white.htm) in full (7,155 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms WhiteFiber 8-K filed 2025-12-18
Quote: “Billing for the initial 20 MW is anticipated to commence on April 30, 2026”
confirms WhiteFiber 10-K filed 2026-03-26
Quote: “Management expects NC-1 to start generating revenue in June of 2026.”
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.”
confirms WYFI Stock Rallies On Earnings Beat, CEO Says NC-1 Has Entered ‘Active Customer Deployment’ With Initial Billing Underway - Stocktwits
Quote: “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”