Lots of “free” research to support their short positions… or ensure success of their shorts. ;)
One thing not mentioned in the bullet points, there are three keys to Real Estate of any kind… location, location, and location. Equinix generally has everyone who I want to peer with in the campus. That is the value.
Now, some cities, like Atlanta and 55/56 Marietta, already established the cross connect sites everyone should be at… but generally most cities for my backbone, it is Equinix for my Cloud Provider private connections (Direct Connect, Express Route, etc), my DDoS/WAF providers, my ISPs, and of course, my “classic” Telco connections.
Now if you want to colo host some CPU/Mem/Storage… ummm, these reports of power over subscriptions and everything else mentioned… might want to make you look at some different options…