jain.com

$36 billion in take-or-pay lease agreements with hyperscalers

Company: Applied Digital

Subject kind
customer
Statement date
2026-09-17
Promised amount
36000.0 million USD
Current status
stated

The claim, verbatim

Applied Digital has signed $36 billion in long-term, take-or-pay lease agreements with top-tier hyperscale cloud providers

Source (primary)

Applied Digital Jumps 8% After Wells Fargo Names It Top Pick With $50 Target - finance.biggo.com (-, news_article)
View cached copy (2026-09-20)Live source ↗

Quote: “Applied Digital has signed $36 billion in long-term, take-or-pay lease agreements with top-tier hyperscale cloud providers.”

How we checked this

Checked on September 25, 2026. The cited source supports every part of this claim.

The article states this in the same words.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://finance.biggo.com/news/7416f2de-e26c-4b8d-8f27-da8b7bc5eba0) in full (6,721 characters, retrieved September 20, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital Jumps 8% After Wells Fargo Names It Top Pick With $50 Target - finance.biggo.com

Quote: “Applied Digital has signed $36 billion in long-term, take-or-pay lease agreements with top-tier hyperscale cloud providers.”

View cached copy (2026-09-20)Live source ↗