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Annual cash burn

Company: Applied Digital

Subject kind
financing
Statement date
2026-09-11
Promised amount
2.78 USD billion
Current status
stated

The claim, verbatim

Applied Digital burned through $2.78 billion of cash over the last year

Source (primary)

3 Reasons to Avoid APLD and 1 Stock to Buy Instead - Yahoo Finance UK (-, news_article)
View cached copy (2026-09-12)Live source ↗

Quote: “Applied Digital burned through $2.78 billion of cash over the last year”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms 3 Reasons to Avoid APLD and 1 Stock to Buy Instead - Yahoo Finance UK

Quote: “Applied Digital burned through $2.78 billion of cash over the last year”

View cached copy (2026-09-12)Live source ↗