1. The Pricing Vacuum
The market for NVIDIA H100 GPUs displays extreme price dispersion, with rates varying by 640% ($1.49/hr to $13.00/hr). Generic reports fail to capture this "Legacy Premium".
2. The Power Crisis
PJM Capacity Auction Failure: Prices spiked 833% to $269.92/MW-day for the 2025/2026 delivery year.
ERCOT Queue Explosion: Requests hit 205 GW, forcing a "Batch Process" that leaves many sites in limbo.
3. The Yield Trap
While 95% of investors plan to increase allocation, rising power costs are eroding NOI. Data centers are now quasi-industrial power plants, not just real estate assets.
Strategic Playbooks Included
Landowner & Site AggregatorPrivate Credit UnderwriterEdge Developer