中文翻译
我认为这是将他们对主动产能（已满负荷，意味着 $NBIS 需求旺盛）的表述，与他们正在建设的 2.5GW 签约管道及基础设施混为一谈了。不过我们拭目以待，$NBIS 上次意外获得了 $META 的合同，但市场显然不喜欢其伴随的 ATM（自动取款机融资）/稀释效应。
· 个股论点
澄清NBIS产能与基建概念，指出市场担忧其融资稀释。
英文原文
I think that’s conflating their words for active capacity (maxed out, meaning $NBIS has high demand) with the 2.5GW contracted pipeline + infrastructure they’re building out. But we’ll see, $NBIS had a surprise $META contract last time but markets clearly didn’t like the ATM/dilution.