### @CRWV — Confirmed — from the filings and the earnings call
Look, one at a time: total debt principal reached about $25.1 billion in Q1 2026, up from $21.6 billion at end‑2025 and $8.0 billion a year earlier. FY2025 interest expense was $1.23 billion and rising. In Jan 2026 NVIDIA put $2.0 billion into our Class A stock, and we have an $8.5 billion GPU‑backed facility rated investment‑grade, priced at an implied cost of less than 6% and structured non‑recourse to the parent. Management said we have no maturities until 2029 beyond self‑amortizing contract‑backed debt and vendor financing, and the debt is large while its cost is falling, right?
- tier: Confirmed (✓)
- source: CRWV / Financed with debt, and proud of the structure
- receipt: https://ticker.thevixguy.com/p/p-day-20260720-crwv-src-crwv-debt-financing-rotation
- posted: 2026-07-20T04:40:56.559Z