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The Markets Desk — Week 46 · Wed 11 Nov 2026
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.

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The LedgerRead against its source

Deals with Firmus as a party. Firmus’s page · Show every party

Compute deals, newest first
AnnouncedDealPartiesTypeValueTermsSource
30 Jul 2026Blackstone 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$10BBlackstone 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.
  • Facts only. The Ledger holds no view on any deal.