Annualized contracted lease revenue upon full delivery
Company: Applied Digital
The claim, verbatim
The company will receive approximately $2.3 billion in annual contracted lease revenue once all five data center campuses are fully delivered and operational
Source (primary)
Applied Digital Won't Collect Most of Its Rent Until 2029. I'd Wait to Buy the Stock. - AOL.com (-, news_article)
View cached copy (2026-09-14)Live source ↗
Quote: “Once every campus is delivered, the leases call for about $2.3 billion of rent per year”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The document states that once every campus is delivered the leases call for about $2.3 billion of rent per year, and identifies five campuses.
Confirmed in the source:
- Once every campus is delivered, the leases call for about $2.3 billion of rent per year
- The lease book covers five data center campuses
What we did: Read our cached copy of the publisher (https://www.aol.com/articles/applied-digital-wont-collect-most-214901000.html) in full (9,398 characters, retrieved September 14, 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. - AOL.com
Quote: “Once every campus is delivered, the leases call for about $2.3 billion of rent per year”