15-year lease revenue from contracted IT load
Company: Applied Digital
The claim, verbatim
The contracted IT load represents $36 billion in initial 15-year lease revenue
Source (primary)
Applied Digital raises price target to $70 on s... - Pluang (-, news_article)
View cached copy (2026-09-21)Live source ↗
Quote: “representing $36 billion in initial 15-year lease revenue”
How we checked this
Checked on September 26, 2026. The cited source supports every part of this claim.
The article says the 1,410MW of contracted IT load represents $36 billion in initial 15-year lease revenue. This figure comes from a Pluang summary of a Seeking Alpha analyst note, not from a company filing.
Confirmed in the source:
- Applied Digital's contracted IT load represents $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://pluang.com/en/news-feed/apld-peluang-berisiko-dengan-potensi-keuntungan-besar) in full (5,766 characters, retrieved September 21, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital raises price target to $70 on s... - Pluang
Quote: “representing $36 billion in initial 15-year lease revenue”