jain.com

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

Checked on September 20, 2026. The cited source supports every part of this claim.

The document states Applied Digital burned through $2.78 billion of cash over the last year.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://uk.finance.yahoo.com/news/3-reasons-avoid-apld-1-163505596.html) in full (8,227 characters, retrieved September 12, 2026) and checked each assertion in the claim against it.

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 ↗