Axe Compute CEO Says $317 Million in Prepayments Covers Roughly a Third of $3 Billion Build-Out
Axe Compute has secured $317 million in customer prepayments that its chief executive says account for about 30% to 35% of the capital required to construct the roughly $3 billion of contracted capacity. Management intends to rely on project-level financing against those contracted revenue streams for the remainder of funding, treats its digital as…