Long-term data center lease agreements
Company: Applied Digital
The claim, verbatim
Applied Digital has secured lease agreements worth $36 billion over the next 15 years for data center infrastructure.
Source (primary)
Applied Digital (NASDAQ: APLD) Co-Founder Offloads Nearly 50,000 Shares In Tax-Related RSU Transaction - foreignpolicyjournal.com (-, news_article)
View cached copy (2026-09-26)Live source ↗Archive.org ↗
Quote: “the company has secured lease agreements worth $36 billion over the next 15 years”
How we checked this
Checked on September 28, 2026. The cited source supports part of this claim, but not all of it.
The article confirms $36 billion in lease agreements over 15 years. It does not say what the leases cover; it mentions data center infrastructure only in connection with the company's debt-funded expansion.
Confirmed in the source:
- Applied Digital has secured lease agreements worth $36 billion
- The lease agreements run over the next 15 years
We could not confirm this from the cited source:
- The $36 billion in lease agreements are specifically for data center infrastructure
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of the publisher (https://www.foreignpolicyjournal.com/2026/09/19/applied-digital-nasdaq-apld-co-founder-offloads-nearly-50000-shares-in-tax-related-rsu-transaction/) in full (2,672 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital (NASDAQ: APLD) Co-Founder Offloads Nearly 50,000 Shares In Tax-Related RSU Transaction - foreignpolicyjournal.com
Quote: “the company has secured lease agreements worth $36 billion over the next 15 years”