Macquarie Asset Management perpetual preferred equity commitment
Company: Applied Digital
The claim, verbatim
Macquarie Asset Management has the right to invest up to $4.9 billion of perpetual preferred equity in the North Dakota campuses, following an initial $1.8 billion investment
Source (primary)
Applied Digital Won't Collect Most of Its Rent Until 2029. I'd Wait to Buy the Stock. - Yahoo Finance (-, news_article)
View cached copy (2026-09-09)Live source ↗Archive.org ↗
Quote: “Macquarie Asset Management has also funded $1.8 billion of perpetual preferred equity, with the right to invest up to $4.9 billion more, for the North Dakota campuses.”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The article states that Macquarie funded $1.8 billion of perpetual preferred equity and can invest up to $4.9 billion more for the North Dakota campuses, which matches the claim.
Confirmed in the source:
- Macquarie Asset Management funded $1.8 billion of perpetual preferred equity for Applied Digital's North Dakota campuses
- Macquarie Asset Management has the right to invest up to $4.9 billion more in perpetual preferred equity for the North Dakota campuses, in addition to the initial $1.8 billion
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/applied-digital-wont-collect-most-214901018.html) in full (12,514 characters, retrieved September 9, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital Won't Collect Most of Its Rent Until 2029. I'd Wait to Buy the Stock. - Yahoo Finance
Quote: “Macquarie Asset Management has also funded $1.8 billion of perpetual preferred equity, with the right to invest up to $4.9 billion more, for the North Dakota campuses.”
confirms Applied Digital Won't Collect Most of Its Rent Until 2029. I'd Wait to Buy the Stock. - The Globe and Mail
Quote: “Macquarie Asset Management has also funded $1.8 billion of perpetual preferred equity, with the right to invest up to $4.9 billion more, for the North Dakota campuses.”