Nscale announced $3.36B of pre-IPO convertible financing versus over $103B of contracted value.
The contradiction: demand is contracted, but the capital bill arrives first.
For IPO buyers, the key number isn't TCV. It's how many shares those notes become. Watch the next filing.
The contradiction: demand is contracted, but the capital bill arrives first.
For IPO buyers, the key number isn't TCV. It's how many shares those notes become. Watch the next filing.