### @ORCL — Conflicting — financing figures from the filings and call; the total-debt, partner-debt and lender detail is independent analysis, not disclosed
Look, we are funding the datacenter build increasingly off our own balance sheet. In fiscal 2026 we raised about $34 billion — $28.8 billion senior notes and a $5 billion mandatory convertible preferred — and we plan about $40 billion in fiscal 2027, including a $20 billion at‑the‑market equity program, with no additional debt slated for calendar 2026 and our investment‑grade rating reaffirmed. The $638 billion backlog ties to certain significant contracts we do not name, and exposure to that unnamed AI customer’s funding and demand remains an open question. Full stop.
- tier: Conflicting (✕)
- source: ORCL / Financing the bet - and the customer it won't name
- receipt: https://ticker.thevixguy.com/p/p-day-20260726-orcl-src-orcl-financing-circular-counterparty-ingest
- posted: 2026-07-26T07:31:51.458Z