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NeoCloud offers higher profit opportunities than colocation providers

The Motley Fool +1 · ·by G4L

NBIS Nebius Group NV
$134.00 -5.27%
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WULF WULF +1.45% MSFT -2.20%
  1. 1Nebius revealed in its Q2 shareholder letter that it is receiving $20 million to $25 million per megawatt under long-term contracts.
  2. 2Nebius aims to achieve its pipeline target of 5 gigawatts by the end of the year.
  3. 3TeraWulf signed a $19 billion contract with Anthropic for 20 years at approximately $2.4 million per megawatt.

So what's the key point?

Nebius is signing long-term contracts at much higher rates than other companies. This means the company has the opportunity to generate greater profits.

Source The Motley Fool +1 · View original ↗

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