🚨 THE CHIPS GOT CRUSHED. THE LEASE GOT A BACKSTOP.
Wall Street is dumping AI stocks. Institutional lenders are looking for something more valuable than the next exciting technology forecast: actual contractual protection.
📉 The Nasdaq plunged 5.5% Thursday, as the AI equity trade suffered an extraordinary repricing.
💰 TeraWulf executed Google credit support agreements connected to approximately $19 BILLION in Anthropic lease commitments.
But here is the distinction that matters to investors: those are long term contracted lease commitments, not $19 billion of funded construction debt. Google's credit support covers specified obligations, with…
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