Minimum lease payments for fiscal 2028
Company: Applied Digital
The claim, verbatim
Minimum lease payments of $1.45 billion due in fiscal 2028
Source (primary)
Applied Digital (NASDAQ: APLD) Carries $36 Billion In Contracted Rent But Collects Almost None Before 2029 - foreignpolicyjournal.com (-, news_article)
View cached copy (2026-09-10)Live source ↗Archive.org ↗
Quote: “$1.45 billion in fiscal 2028”
How we checked this
Checked on September 20, 2026. The cited source supports every part of this claim.
The document states this directly.
Confirmed in the source:
- Minimum lease payments of $1.45 billion are due in fiscal 2028
What we did: Read our cached copy of the publisher (https://www.foreignpolicyjournal.com/2026/09/09/applied-digital-nasdaq-apld-carries-36-billion-in-contracted-rent-but-collects-almost-none-before-2029/) in full (3,283 characters, retrieved September 10, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital (NASDAQ: APLD) Carries $36 Billion In Contracted Rent But Collects Almost None Before 2029 - foreignpolicyjournal.com
Quote: “$1.45 billion in fiscal 2028”