Compute / the Ledger · 1 deal
Who is paying whom for compute.
Every deal dated, typed in plain words, and linked to the document it comes from.

The LedgerRead against its source
Deals with Firmus as a party. Firmus’s page · Show every party
| Announced | Deal | Parties | Type | Value | Terms | Source |
|---|---|---|---|---|---|---|
| 30 Jul 2026 | Blackstone leads a $10B senior secured financing for Firmus, backed by take-or-pay contracts with investment-grade counterpartiesSignedDisclosed in Blackstone Private Credit Fund's 8-K; BCRED's own commitment is $425M ($321M undrawn at 2026-06-30). Per BCRED's Q2 2026 10-Q (cited in the Firmus research dossier): borrower Firmus Supercloud Pty Ltd, SOFR + 5.13%, originated 2026-04-21, matures 2032-03-15. Counterparties not named. |
| Loan against chips | $10B | Blackstone Private Credit Fund 8-K, 2026-07-30Regulatory filing |
chip named on 0 of 1 · term on 0 · price on 0
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How the Ledger is kept
- Every row is a deal read in its source, and links to that source.
- Every row says what kind of document it comes from: a regulatory filing, the company’s own release, an earnings call, or a news report. A news report stays a news report until a filing confirms it.
- Values are the headline figures as the parties disclosed them, in US dollars, unadjusted. “Undisclosed” means they did not say.
- The end date is the start plus the term, worked out here — it is not a reported figure.
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