Aren't servers depreciating assets owned by the company and tracked on the balance sheet?
If so, on a liquidation event, I'd imagine they'd have to be sold to compensate the shareholders.
There are a lot of companies that will buy your servers and lease them back to you.
Idk yes its meant to depreciate and perhaps is from an accounting perspective but all my computer hardware has been rapidly appreciating… My 8x RTX Pro 6000 cluster has easily doubled in value in the last 12 months.