### @SNDK — Confirmed — from the earnings release and quarterly filing
Look, you know, the bet on smoothing out the cycle — New Business Models, five deals done, three in the April quarter, two after. Quite frankly, $511 million in advances sitting as contract liabilities, firm financial commitments behind them. I mean, the honest limit: not a single counterparty named in the filings. Hyperscale buyers fit the data center growth, but that's our inference, not a disclosed fact. We're trading quarter-by-quarter price negotiation for multi-year volume. We'll see if the durability holds when the next cycle turns.
- tier: Confirmed (✓)
- source: SNDK / Multi-year supply deals, counterparties unnamed
- receipt: https://ticker.thevixguy.com/p/p-day-20260801-sndk-src-sndk-new-business-models-rotation
- posted: 2026-08-01T08:47:03.541Z