Financing for capital projects
Company: Applied Digital
The claim, verbatim
Applied Digital depends on frequent debt or equity financing to fund its capital projects
Source (primary)
IREN (NASDAQ: IREN) Edges Out Applied Digital (NASDAQ: APLD) As The Stronger Technology Buy For Patient Investors - foreignpolicyjournal.com (-, news_article)
View cached copy (2026-09-26)Live source ↗
Quote: “The company also depends on frequent debt or equity financing to fund its capital projects”
How we checked this
Checked on September 28, 2026. The cited source supports every part of this claim.
The article says Applied Digital depends on frequent debt or equity financing to fund its capital projects.
Confirmed in the source:
- Applied Digital depends on frequent debt or equity financing to fund its capital projects
What we did: Read our cached copy of the publisher (https://www.foreignpolicyjournal.com/2026/09/26/iren-nasdaq-iren-edges-out-applied-digital-nasdaq-apld-as-the-stronger-technology-buy-for-patient-investors/) in full (3,390 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN (NASDAQ: IREN) Edges Out Applied Digital (NASDAQ: APLD) As The Stronger Technology Buy For Patient Investors - foreignpolicyjournal.com
Quote: “The company also depends on frequent debt or equity financing to fund its capital projects”