Initial 15-year contracted lease revenue
Company: Applied Digital
The claim, verbatim
The 1,410MW of contracted load equates to $36 billion in initial 15-year lease revenue
Source (primary)
Applied Digital: A Risky Play With Material Upside (NASDAQ:APLD) - Seeking Alpha (-, news_article)
View cached copy (2026-09-21)Live source ↗
Quote: “equating to $36 billion in initial 15-year lease revenue”
How we checked this
Checked on September 25, 2026. The cited source supports every part of this claim.
The article's summary states that the 1,410MW equates to $36 billion in initial 15-year lease revenue.
Confirmed in the source:
- The 1,410MW of contracted load equates to $36 billion in lease revenue
- The $36 billion figure is initial lease revenue over a 15-year term
What we did: Read our cached copy of the publisher (https://seekingalpha.com/article/4947809-applied-digital-a-risky-play-with-material-upside) in full (5,930 characters, retrieved September 21, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital: A Risky Play With Material Upside (NASDAQ:APLD) - Seeking Alpha
Quote: “equating to $36 billion in initial 15-year lease revenue”