Hyperscalers starting to take on massive debt

they're starting to look for how to get debt here and debt there um and they're coming up with interesting financial engineering to go around this also to make their books look good. I was seeing that there's something called uh um special purpose vehicle an SPV. I was reading about this the other time and essentially they take the debt but they take it off their balance sheets and essentially have this um so they they make a deal with Black Rock and they say okay we're going to have this separate entity. Yeah, and this entity is the one that's going to take on the debt, not us, so because if they take it on it affects their interest rates, their credit rating drops because they look oh you've got this much debt, the credit rating is going to drop. So those guys take it then they do a deal with the new vehicle and say okay, we'll pay you for 15 years or something and these guys are the ones that own the land on the asset and everything, and he also protects them as well from depreciation. I think the risk here is that um they're taking on essentially debt using today's prices and today's revenue but is a thing like we don't know for certain, like we're seeing in other um previous technological breakthroughs and advancements. We don't know for certain they're like the price is not going to come down. If the price ever comes down for whatever reason, we don't know this is going to happen, but if it doesn't keep going at this trajectory because this is essentially what they are making this bargain of. Yep, if it doesn't keep going trajectory and the price gets coming starts coming down for whatever reason, open source, China whatever it is we don't know.