Total accumulated debt
Company: Applied Digital
The claim, verbatim
Applied Digital has accumulated $5 billion in debt
Source (primary)
Applied Digital (NASDAQ: APLD) Co-Founder Offloads Nearly 50,000 Shares In Tax-Related RSU Transaction - foreignpolicyjournal.com (-, news_article)
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Quote: “Applied Digital has accumulated $5 billion in debt as it aggressively expands its data center infrastructure to support the growing demand for AI computing capacity.”
How we checked this
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Additional evidence
confirms Applied Digital (NASDAQ: APLD) Co-Founder Offloads Nearly 50,000 Shares In Tax-Related RSU Transaction - foreignpolicyjournal.com
Quote: “Applied Digital has accumulated $5 billion in debt as it aggressively expands its data center infrastructure to support the growing demand for AI computing capacity.”
