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Data centers are on the BALLOT. 35 times. And 21 of them are in ONE state. Ohio takes the CAKE baby at 21!!! 21 out of 35! ✅ BofA counts 35 local data center measures on November 3. None are statewide. 21 in Ohio, 7 in Illinois, 3 in Kansas. ✅ About half would ban facilities or cap them, often at 25 MW. Several Illinois questions and six in Ohio point the OTHER way: let them build. ✅ Pause or moratorium proposals also show up in 20 of the 36 governor races. ➡️ BofA's read: sequencing, not opposition. The money moves states. It does not stop. ➡️ Towns want the tax base and hate the power bill. Both are true. That's why it's on a ballot and not in a law. 😇 We have officially hit bottom in the data center stocks ➡️ A town that says no does not cancel a gigawatt. It moves it to Wyoming, Iowa or Tennessee. 🚨 The risk: Texas. It halted all data center permits in September and holds a 474 GW queue, five times its grid's record. Pause becoming policy there is not sequencing. That is a wall. ➡️ Bottom line: watch Ohio on election night. It tells you what the backlash is worth. 😇 I've personally said this on the channel for over a year: data centers just find a new home. They will end up somewhere. Wouldn't be surprised if we're seeing multi-permitting, expecting cancels / fails!