Blackstone is pulling out of the world's largest data center project (37 buildings on 2100 acres). Without Blackstone's financing, it is unlikely the project will be able to find other funding sources, especially now that Blackstone is getting out, making everyone think they have inside information on the bubble popping soon.This follows Blackstone selling off their holdings in three other huge data centers.>According to Bloomberg, Digital Realty Trust would pay $1.2 billion of cash and offer $2.3 billion of its shares (which the PE giant has largely cashed in by now) to Blackstone funds; in exchange, the data center company will acquire Blackstone’s 80% interest in two 96-megawatt data centers in Manassas, Virginia, and a 50% interest in a 96-megawatt center in nearby Sterling.
Maybe G&S, BoA or Chase are going to write more trashbonds for data center expansion. Jokes aside, the scam is over. Looking forward to buy Blackwells from datacenter liquidation to build my own 500 GB Ayy lmfao of course not
>>62442263So who do I short for the biggest gains
>>62442263Blackstone are not Blackrock, they're 2 different corporations. Blackrock is the more wealthy one.>>62444128you should short blackrock of course ;^)
>>62444128Softbank and UST bonds
