Investment-grade hyperscaler at Polaris Forge 2
Company: Applied Digital - Project: Polaris Forge 2
The claim, verbatim
Signed lease with investment-grade hyperscaler for 200 MW of critical IT load at Polaris Forge 2 campus in Harwood, North Dakota
Source (primary)
View PDF (IR page (ir.applieddigital.com), ir_release)
View cached copy (2026-09-26)Live source ↗Archive.org ↗
Quote: “signed a lease with an investment grade hyperscaler at our Polaris Forge 2 campus in Harwood, North Dakota, for 200 MW of critical IT load”
How we checked this
Checked on September 28, 2026. The cited source supports every part of this claim.
The proxy states a lease was signed with an investment grade hyperscaler at Polaris Forge 2 in Harwood, North Dakota for 200 MW of critical IT load.
Confirmed in the source:
- Applied Digital signed a lease with an investment-grade hyperscaler
- The lease is at the Polaris Forge 2 campus in Harwood, North Dakota
- The lease covers 200 MW of critical IT load
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/sec-filings/all-sec-filings/content/0001493152-26-044325/0001493152-26-044325.pdf) in full (267,657 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms View PDF
Quote: “signed a lease with an investment grade hyperscaler at our Polaris Forge 2 campus in Harwood, North Dakota, for 200 MW of critical IT load”