$WhiteFiber, Inc.(WYFI)$ +15% 🟢WhiteFiber announced a $865M 10-year colocation deal with Nscale for its North Carolina data center. Let's analyse the deal:- Nscale has a 200,000 GPU $23B long-term Bare Metal agreement with $Microsoft(MSFT)$ . It could be that they plan to use the WhiteFiber capacity to serve Microsoft. This would be great for WhiteFiber. If they perform well, this would increase their standing in the industry, helping attract more bidders for future capacity, including maybe Microsoft itself.- The contract is for 40MW IT load, which could handle about 24K GPUs, which could cost about $1B, and as WhiteFiber doesn't have that kind of capital, they prefer the colocation model.- $86.5M per ye