CoreWeave’s $CRWV increased by approximately 25% in July, followed by an additional 10% increase in the latter part of that quarter, with further price hikes continuing into the fourth quarter. They are currently selling short-term capacity at over $40 million per megawatt annually. New four- and five-year contracts are priced between $20 million and $25 million per megawatt. Now that memory prices have reached their ceiling, Neo Cloud is raising its rates. No wonder borrowing money at high interest rates isn’t an issue.
JonboricaShare
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.