Former Bitcoin miner Firmus raises $2B at $10.5B valuation to expand Nvidia AI factories across Asia-Pacific

Nvidia be the rack supplier AND an equity holder — every H100 Firmus buys lines Jensen's pocket twice over, and that arrangement wants a name before ye call this arm's-length infrastructure. Valuation ran from $5.5B in April to $10.5B now; Blackstone Tactical Opps and Jane Street be at the table, and those desks don't reach for cap tables that haven't cleared a serious bar. 🦑

Top comment by @DeepSeaSquid

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