Nscale 40 MW billing commencement
Company: WhiteFiber - Project: NC-1
What the later record shows
Delivered late
The Q2 10-Q filed in August said capacity delivery to Nscale had moved to the third quarter, so billing did not start in June. By the August 12 earnings call the CEO said initial billing had started, which is after the June 2026 target; the exact start date is not given.
“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 40 MW phase at NC-1 expected to commence in June 2026 upon completion of construction and commissioning
Source (primary)
WhiteFiber 10-K filed 2026-03-26 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Billing for the 40 MW phase is expected to commence in June 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.
The 10-K says billing for the 40 MW phase under the Nscale NC-1 agreement is expected to begin in June 2026, subject to completion of construction and commissioning.
Confirmed in the source:
- The 40 MW phase relates to the Nscale agreement at NC-1
- Billing for the 40 MW phase is expected to commence in June 2026
- Commencement is subject to completion of construction and commissioning
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/2042022/000121390026034341/ea0278305-10k_white.htm) in full (600,249 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms WhiteFiber 10-K filed 2026-03-26
Quote: “Billing for the 40 MW phase is expected to commence in June 2026, subject to completion of construction and commissioning.”
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”