Anonymous seller attempts to sell $500 million in data center loans at once
2026-11-06 03:23:02
According to CoinMeta, and as reported by Bloomberg, an anonymous seller is attempting to sell approximately $500 million worth of data center loans in one go. This move comes after the mid-term elections, during which the prospects of many projects have been called into question. The seller is auctioning a dozen loans, including one financing of $25 million involving a large interstellar portal project located in New Mexico, which is jointly developed by OpenAI, SoftBank, and Oracle. Oracle has sent a force majeure notice to the project developers, claiming that it may be exempted from its obligations due to uncontrollable events.
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