{"allowContribute":false,"item":{"activeCommit":"6c674133d0f3e02cdc8a7c6158a7f2dc129d4aa7","apis":{"routes":[],"types":{}},"backendSchedules":null,"bundleHash":"f840d311b853b8d6","createdAt":1788343011144,"displayName":"AI泡沫雷達","gitCommit":"6c674133d0f3e02cdc8a7c6158a7f2dc129d4aa7","id":"b1d629270863e92bdb29f591","isPublic":true,"itemType":"PLUGIN","name":"AI泡沫雷達","pluginDir":"b1d629270863e92bdb29f591","repositoryID":"repo_150fc92c60517037bbb18637","status":"active","updatedAt":1789832427134,"updatedBy":{"userId":"6a3e578500b92d999a41f7","userName":"Frank Cheng小鄭"},"version":27},"ownerMemberId":"6a3e578500b92d999a41f7","ownerName":"Frank Cheng小鄭","publicPlugins":{"PLUGIN":{"pluginItemId":"b1d629270863e92bdb29f591","pluginDir":"b1d629270863e92bdb29f591","bundleHash":"f840d311b853b8d6","live":true}},"subtree":[{"activeCommit":"6c674133d0f3e02cdc8a7c6158a7f2dc129d4aa7","apis":{"routes":[],"types":{}},"backendSchedules":null,"bundleHash":"f840d311b853b8d6","createdAt":1788343011144,"displayName":"AI泡沫雷達","gitCommit":"6c674133d0f3e02cdc8a7c6158a7f2dc129d4aa7","id":"b1d629270863e92bdb29f591","isPublic":true,"itemType":"PLUGIN","name":"AI泡沫雷達","pluginDir":"b1d629270863e92bdb29f591","repositoryID":"repo_150fc92c60517037bbb18637","status":"active","updatedAt":1789832427134,"updatedBy":{"userId":"6a3e578500b92d999a41f7","userName":"Frank Cheng小鄭"},"version":27},{"createdAt":1788476348103,"deletedAt":null,"id":"default_bubble_radar_folder_6a3e578500b92d999a41f7","isNew":false,"isPublic":false,"itemType":"BUBBLE_RADAR_FOLDER","name":"公司債整理","originPluginDir":"b1d629270863e92bdb29f591","originPluginID":"b1d629270863e92bdb29f591","parents":{"bubbleRadar":1788476348257},"preParentID":null,"reviewedAt":0,"updatedAt":1788476348257,"updatedBy":{"userId":"6a3e578500b92d999a41f7","userName":"Frank Cheng小鄭"},"version":2},{"createdAt":1788476725005,"deletedAt":null,"expandedDigests":["0001769628-26-000357","0001769628-26-000291","0001769628-26-000429"],"id":"bubble_radar_section_config_6a3e578500b92d999a41f7","isPublic":false,"itemType":"BUBBLE_RADAR_SECTION_CONFIG","name":"BUBBLE_RADAR_SECTION_CONFIG","originPluginDir":"b1d629270863e92bdb29f591","originPluginID":"b1d629270863e92bdb29f591","parents":{"bubbleRadar":1788476725005},"preParentID":null,"updatedAt":1789773300605,"updatedBy":{"userId":"6a3e578500b92d999a41f7","userName":"Frank Cheng小鄭"},"version":15},{"accDashes":"0001769628-26-000278","amount":"$3.5B","bodyText":"這只是發行意向公告，還沒定價，所以看不出借錢變貴或變便宜，金額35億美元2032年到期，募資用於還債與一般用途。雷達上屬中性事件，真正燈號要等定價利率出來才能判斷，暫不動作。","coupon":"","createdAt":1789773282169,"filingDate":"2026-06-11","filingUrl":"https://www.sec.gov/Archives/edgar/data/1769628/000176962826000278/crwv-20260611.htm","form":"8-K","id":"6aadc5e22cfe7480bf07ae70","itemType":"BUBBLE_DEBT_DIGEST","maturity":"2032","name":"2026-06-11 8-K 白話整理","originPluginDir":"b1d629270863e92bdb29f591","originPluginID":"b1d629270863e92bdb29f591","parents":{"default_bubble_radar_folder_6a3e578500b92d999a41f7":1789773282169},"plainOne":"宣布擬發行35億美元2032年到期票據","updatedAt":1789773312595,"updatedBy":{"userId":"6a3e578500b92d999a41f7","userName":"Frank Cheng小鄭"},"version":2,"vsPrev":"無法比較"},{"accDashes":"0001628280-26-062362","amount":"","bodyText":"這次不是發公司債借錢，沒有票面利率，所以沒有變貴問題。公司改用市價增發股票籌錢，最多3500萬股，附遠期避險機制。短期可能稀釋股價、壓抑走勢，但不用付利息，可減輕債務壓力。雷達燈號上屬中性偏空，關注發行進度與股價稀釋。","coupon":"","createdAt":1789773197174,"filingDate":"2026-09-17","filingUrl":"https://www.sec.gov/Archives/edgar/data/1769628/000162828026062362/coreweave-424b5.htm","form":"424B5","id":"6aadc58d2cfe7480bf07ae6f","itemType":"BUBBLE_DEBT_DIGEST","maturity":"","name":"2026-09-17 424B5 白話整理","originPluginDir":"b1d629270863e92bdb29f591","originPluginID":"b1d629270863e92bdb29f591","parents":{"default_bubble_radar_folder_6a3e578500b92d999a41f7":1789773197174},"plainOne":"宣布發行3500萬股A類股募資","updatedAt":1789773197174,"updatedBy":{"userId":"6a3e578500b92d999a41f7","userName":"Frank Cheng小鄭"},"version":1,"vsPrev":"無法比較"},{"accDashes":"0001628280-26-062362","amount":"","bodyText":"這次不是發債借錢，沒有票面利率和到期日，是開一個3500萬股的ATM賣股額度，可按市價分批賣，還能用遠期鎖價。代表公司暫不加債、不增加利息壓力，轉用股權籌資。稀釋股東但降槓桿，對債券雷達燈號偏正面，違約風險略降，留意後續實際賣股速度。","coupon":"","createdAt":1789773184271,"filingDate":"2026-09-17","filingUrl":"https://www.sec.gov/Archives/edgar/data/1769628/000162828026062362/coreweave-424b5.htm","form":"424B5","id":"6aadc5802cfe7480bf07ae6e","itemType":"BUBBLE_DEBT_DIGEST","maturity":"","name":"2026-09-17 424B5 白話整理","originPluginDir":"b1d629270863e92bdb29f591","originPluginID":"b1d629270863e92bdb29f591","parents":{"default_bubble_radar_folder_6a3e578500b92d999a41f7":1789773184271},"plainOne":"開設3500萬股ATM額度隨市價賣股籌資","updatedAt":1789773184271,"updatedBy":{"userId":"6a3e578500b92d999a41f7","userName":"Frank Cheng小鄭"},"version":1,"vsPrev":"無法比較"},{"accDashes":"0001769628-26-000429","amount":"$3.0B","bodyText":"這次是可轉債不是一般公司債，票息還沒定價，所以看不出借錢變貴還是便宜。重點是公司一次要拿30億美元，外加3500萬股的股票銷售計畫，顯示資金需求仍大。雖有用上限買權緩解稀釋，但股本膨脹壓力增加，雷達上偏向資金壓力燈號續亮，需等定價看條件。","coupon":"","createdAt":1789773173096,"filingDate":"2026-09-17","filingUrl":"https://www.sec.gov/Archives/edgar/data/1769628/000176962826000429/crwv-20260917.htm","form":"8-K","id":"6aadc5752cfe7480bf07ae6d","itemType":"BUBBLE_DEBT_DIGEST","maturity":"2033","name":"2026-09-17 8-K 白話整理","originPluginDir":"b1d629270863e92bdb29f591","originPluginID":"b1d629270863e92bdb29f591","parents":{"default_bubble_radar_folder_6a3e578500b92d999a41f7":1789773173096},"plainOne":"擬發30億美元2033到期可轉債","updatedAt":1789773173099,"updatedBy":{"userId":"6a3e578500b92d999a41f7","userName":"Frank Cheng小鄭"},"version":1,"vsPrev":"無法比較"},{"accDashes":"0001769628-26-000270","amount":"","bodyText":"這份文件只是股東會投票結果，通過董事選舉與會計師聘任等議案，沒有發新債、沒有談利率和金額，所以看不出借錢變貴還是便宜。對雷達燈號沒有直接影響，維持原判讀，繼續觀察下一檔債券申報。","coupon":"","createdAt":1788476456552,"deletedAt":null,"filingDate":"2026-06-10","filingUrl":"https://www.sec.gov/Archives/edgar/data/1769628/000176962826000270/crwv-20260608.htm","form":"8-K","id":"6a99fc28d48c18e81cefbc8c","isPublic":false,"itemType":"BUBBLE_DEBT_DIGEST","maturity":"","name":"2026-06-10 8-K 白話整理","originPluginDir":"b1d629270863e92bdb29f591","originPluginID":"b1d629270863e92bdb29f591","parents":{"default_bubble_radar_folder_6a3e578500b92d999a41f7":1788476456552},"plainOne":"CoreWeave股東年會通過四項議案","preParentID":null,"updatedAt":1789323013010,"updatedBy":{"userId":"6a3e578500b92d999a41f7","userName":"Frank Cheng小鄭"},"version":2,"vsPrev":"無法比較"},{"accDashes":"0001769628-26-000291","amount":"$1.25B + €2B","bodyText":"這是CoreWeave首檔雙幣高級無擔保債，用美元歐元同步借長錢還舊債支應營運。美元票息九點六二五趴歐元八點五趴都算很貴，代表市場仍要求很高的風險貼水。因為是第一檔無法比較，雷達燈號先放中性觀察，後續若能降息轉貸才算好轉。","coupon":"9.625% / 8.50%","createdAt":1788476445977,"deletedAt":null,"filingDate":"2026-06-18","filingUrl":"https://www.sec.gov/Archives/edgar/data/1769628/000176962826000291/crwv-20260618.htm","form":"8-K","id":"6a99fc1dd48c18e81cefbc8a","isPublic":false,"itemType":"BUBBLE_DEBT_DIGEST","maturity":"2032-07-15","name":"2026-06-18 8-K 白話整理","originPluginDir":"b1d629270863e92bdb29f591","originPluginID":"b1d629270863e92bdb29f591","parents":{"default_bubble_radar_folder_6a3e578500b92d999a41f7":1788476445977},"plainOne":"CoreWeave完成雙幣別高級債發行","preParentID":null,"updatedAt":1788476492665,"updatedBy":{"userId":"6a3e578500b92d999a41f7","userName":"Frank Cheng小鄭"},"version":2,"vsPrev":"無法比較"},{"accDashes":"0001769628-26-000357","amount":"$2.6B","bodyText":"這次是浮動利率SOFR加5.5%，以目前利率換算約9.5%，跟前檔9.625%差不多，沒有明顯變便宜。錢主要拿去買GPU伺服器擴產，顯示訂單仍強但持續靠借錢擴張，槓桿與利息負擔加重，雷達上偏向成長續航但財務風險燈號維持偏高。","coupon":"","createdAt":1788476421190,"deletedAt":null,"filingDate":"2026-08-10","filingUrl":"https://www.sec.gov/Archives/edgar/data/1769628/000176962826000357/crwv-20260807.htm","form":"8-K","id":"6a99fc05d48c18e81cefbc89","isPublic":false,"itemType":"BUBBLE_DEBT_DIGEST","maturity":"2031-09-01","name":"2026-08-10 8-K 白話整理","originPluginDir":"b1d629270863e92bdb29f591","originPluginID":"b1d629270863e92bdb29f591","parents":{"default_bubble_radar_folder_6a3e578500b92d999a41f7":1788476421190},"plainOne":"CoreWeave借26億美元買GPU設備","preParentID":null,"updatedAt":1788476469728,"updatedBy":{"userId":"6a3e578500b92d999a41f7","userName":"Frank Cheng小鄭"},"version":2,"vsPrev":"差不多"},{"accDashes":"0001628280-26-041300","amount":"","bodyText":"本文件只是先卡位註冊未來可發股票或債券，金額利率都未定，沒有真的借錢，所以借錢變貴與否看不出來。另有大股東9百萬股次級出售待7月中後可賣。對雷達燈號屬中性，後續有正式發債補充文件再盯緊。","coupon":"","createdAt":1788476454472,"filingDate":"2026-06-05","filingUrl":"https://www.sec.gov/Archives/edgar/data/1769628/000162828026041300/crwv-formsx3asr.htm","form":"S-3ASR","id":"6a99fc26d48c18e81cefbc8b","itemType":"BUBBLE_DEBT_DIGEST","maturity":"","name":"2026-06-05 S-3ASR 白話整理","originPluginDir":"b1d629270863e92bdb29f591","originPluginID":"b1d629270863e92bdb29f591","parents":{"default_bubble_radar_folder_6a3e578500b92d999a41f7":1788476454472},"plainOne":"這是自動上架註冊，尚未實際發債","updatedAt":1788476454474,"updatedBy":{"userId":"6a3e578500b92d999a41f7","userName":"Frank Cheng小鄭"},"version":1,"vsPrev":"無法比較"},{"accDashes":"0001769628-26-000362","amount":"","bodyText":"這份8-K只是公告截至6月底的第二季財報，沒有宣布發行新債券，所以無法判斷借錢成本變化。沒有票面利率、金額與到期日，雷達燈號維持不變，建議忽略本次，等待下次真正的發債文件再評估。","coupon":"","createdAt":1788476385593,"filingDate":"2026-08-11","filingUrl":"https://www.sec.gov/Archives/edgar/data/1769628/000176962826000362/crwv-20260811.htm","form":"8-K","id":"6a99fbe1d48c18e81cefbc88","itemType":"BUBBLE_DEBT_DIGEST","maturity":"","name":"2026-08-11 8-K 白話整理","originPluginDir":"b1d629270863e92bdb29f591","originPluginID":"b1d629270863e92bdb29f591","parents":{"default_bubble_radar_folder_6a3e578500b92d999a41f7":1788476385593},"plainOne":"公告第二季財報，非發債文件","updatedAt":1788476385593,"updatedBy":{"userId":"6a3e578500b92d999a41f7","userName":"Frank Cheng小鄭"},"version":1,"vsPrev":"無法比較"}]}