NC-1 initial capacity completion
Company: WhiteFiber - Project: NC-1
What the later record shows
Delivered late · new target April 30, 2026
The March 2026 10-K moved completion of the first NC-1 phase (now 27 MW gross) to April 2026, after the Q1 2026 target. By the Q2 2026 call about 20 MW of IT capacity was in customer use and billing had begun, but no passage gives the exact completion date.
“We intend to complete the first phase of construction 27MW (gross) of NC-1 facility April 2026. 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 ↗
“WYFI held approximately 20 MW of IT capacity to support installation and testing activities of Nscale and its investment-grade offtaker”
2026-09-30 · WYFI Stock Rallies 56% in 6 Months: Here's What You Should Know - Zacks Investment Research View cached copy (2026-10-01)Live source ↗Archive.org ↗
“WhiteFiber's NC-1 has begun billing under a 10-year Nscale deal covering 40 MW and nearly $865M.”
2026-09-30 · WYFI Stock Rallies 56% in 6 Months: Here's What You Should Know - Zacks Investment Research View cached copy (2026-10-01)Live source ↗Archive.org ↗
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 24 MW (gross) capacity for NC-1 expected to be completed and operational in Q1 2026
Source (primary)
WhiteFiber 424B4 filed 2025-08-08 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “We estimate that the initial capacity of 24 MW (gross) for the NC -1 site will be completed and operational in the first quarter of 2026.”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The prospectus gives this estimate in the same terms.
Confirmed in the source:
- NC-1's initial capacity of 24 MW (gross) is expected to be completed and operational in Q1 2026
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/2042022/000121390025073279/ea0249945-07.htm) in full (825,843 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms WhiteFiber 424B4 filed 2025-08-08
Quote: “We estimate that the initial capacity of 24 MW (gross) for the NC -1 site will be completed and operational in the first quarter of 2026.”
confirms WhiteFiber 10-K filed 2026-03-26
Quote: “We intend to complete the first phase of construction 27MW (gross) of NC-1 facility April 2026. Management expects NC-1 to start generating revenue in June of 2026.”
confirms WYFI Stock Rallies 56% in 6 Months: Here's What You Should Know - Zacks Investment Research
Quote: “WYFI held approximately 20 MW of IT capacity to support installation and testing activities of Nscale and its investment-grade offtaker”