But what are the workloads costing MSFT? If the credits are part of the acquisition deal, maybe they're considered capex not opex, and MSFT gets to amortize the

But what are the workloads costing MSFT? If the credits are part of the acquisition deal, maybe they're considered capex not opex, and MSFT gets to amortize the credits' operating cost over decades. What is the true marginal cost to MSFT for gpt workloads anyway? As long as it's not bumping paying customers then it's what the cost of electricity?