jesus fucking christ so **this** is some 2008 shit right here. "common sense might tell you the collateral for this debt is hot garbage, but Moody's rates it investment grade, so pile in everybody!!!" maybe we will get that melt-up after all. https://www.marketwatch.com/story/coreweaves-stock-rises-as-investors-cheer-unique-financing-deal-e2d44c4e?mod=home_lead
@peter I'm not very techy, but don't those hardware assets depreciate very quickly?
Like if they were auctioned off in five years after a default, would it be approaching obsolescence?

