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Pipeline revenue opportunity

Company: Applied Digital

Subject kind
guidance
Statement date
2023-06-25
Promised amount
1300.0 million USD
Current status
stated

The claim, verbatim

Top 11 pipeline business opportunities estimated to provide up to $1.3 billion in revenue over 3 years

Source (primary)

Applied Digital 8-K filed 2023-06-26 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “The pipeline of business opportunities we are exploring is large, with the top 11 opportunities having the estimated potential to provide us up to an aggregate of $1.3 billion of revenue over 3 years.”

How we checked this

Checked on September 21, 2026. The cited source supports every part of this claim.

The document states this directly.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000114487923000163/apld-20230626.htm) in full (11,186 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital 8-K filed 2023-06-26

Quote: “The pipeline of business opportunities we are exploring is large, with the top 11 opportunities having the estimated potential to provide us up to an aggregate of $1.3 billion of revenue over 3 years.”

View cached copy (2026-09-13)Live source ↗