This year Alphabet, Google's parent, sold a bond that comes due in 2126: £1 billion for 100 years, priced 1.2 percentage points over UK government bonds, with £9.5 billion of orders. No tech company had sold a century bond since Motorola in 1997. Alphabet books its servers over six years.
Full film: https://youtu.be/ncTe7jCKFHo
Sources: TwentyFour Asset Management, 3 Sep 2026: https://blog.twentyfouram.com/insights/how-hyperscaler-issuance-is-reshaping-the-treasury-curve · Alphabet Q3 2026 earnings call (server lives), 28 Oct 2026: https://www.fool.com/earnings/call-transcripts/2026/10/29/alphabet-googl-q3-2026-earnings-call-transcript/
3D reconstruction by Debrief: the bond certificate is an illustration, not the real document. Not investment advice. Footage: "Google Data Center, Council Bluffs Iowa" by Chad Davis, CC BY 2.0 · "Google Datacenter - The Dalles, Oregon" by Tony Webster, CC BY 2.0 (Wikimedia Commons) · Data centre tour by Lawrence Systems, CC BY 3.0 (YouTube). 3D reconstruction and score: Debrief.
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