jain.com

NC1 contracted load billing by end of August 2026

Company: WhiteFiber - Project: NC-1

Subject kind
facility capacity
Statement date
2026-08-14
Promised by
2026-08-31
Promised amount
40.0 MW
Current status
outcome unconfirmed

What the later record shows

Outcome not yet confirmed

Later passages confirm only that initial billing had begun at NC-1. A Sept 30 article still repeats the end-of-August target, and no passage says the full 40 MW was actually billing by then or since.

“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 ↗
“Samir Tabar, the CEO, mentioned that initial billing commenced and expected the full 40 MW to have reached run-rate billing by the end of August.”
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

NC1 currently has 20 MW already billing, with management expecting the full 40 MW contracted load to be billing by end of August 2026

Source (primary)

WhiteFiber (WYFI) Stock Faces Margin Strain Despite Fast Revenue Growth - simplywall.st (-, news_article)
View cached copy (2026-08-31)Live source ↗

Quote: “Around 20 MW is already billing and management expects the full 40 MW contracted load to be billing by the end of August.”

How we checked this

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

The article, dated August 14, 2026, says around 20 MW at NC1 was already billing and that management expected the full 40 MW contracted load to be billing by the end of August. The source says 'around' 20 MW, so the figure is approximate.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://simplywall.st/stocks/us/software/nasdaq-wyfi/whitefiber/news/whitefiber-wyfi-stock-faces-margin-strain-despite-fast-reven) in full (13,053 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms WhiteFiber (WYFI) Stock Faces Margin Strain Despite Fast Revenue Growth - simplywall.st

Quote: “Around 20 MW is already billing and management expects the full 40 MW contracted load to be billing by the end of August.”

View cached copy (2026-08-31)Live source ↗

Record of changes

August 31, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 1, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 15, 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.