💸 AI infrastructure companies and miners have taken on $35B in debt financing. According to @TheEnergyMag, net debt supplied $35.09B, or 72.7%, of the $48.24B in net financing cash inflows generated by 14 tracked companies. @CoreWeave, @nebiusai, @Hut8Corp and @IREN_Ltd alone accounted for roughly 76% of that net inflow. Disclosed cash interest payments have already reached $1.5B, despite gaps in reporting. #CoreWeave paid $982M in cash interest in H1 alone. With nearly three quarters of this financing wave supplied by net debt, the industry has limited room for revenue to arrive late.
Mpost Media GroupShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.