Pioneer of Central Washington cryptocurrency boom falls on hard times

The article says 24 prefab buildings. Building 24 buildings at once as a new company sets off alarm bells for me. It also talks about cost overruns. On prefab buildings? Oof.

From the picture, if you look carefully I think you can see almost a dozen of them in an incomplete state (the one on the far left might be done).

It sounds like they didn't stagger the buildout. I can't imagine the property in Central Washington was the expensive bit. If I were involved in this project I'd have been much more comfortable if they had bought all the land, and come up with a three phase plan where they figure out how to do construction without interrupting operations in the other buildings. If the contractor screws up the first 8 you switch contractors.

Or maybe even better, you plan for 32 buildings and do it in 4 phases. Give your salesforce a story about growth and good things in the future. They can work with that.