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$50M Macquarie Equipment Capital funding for Polaris Forge 2

Company: Applied Digital

Subject kind
financing
Statement date
2025-10-08
Promised amount
50000000.0 USD
Current status
stated

The claim, verbatim

Applied Digital secured $50 million in funding from Macquarie Equipment Capital for the Polaris Forge 2 campus near Harwood, ND.

Source (primary)

applied-digital 8-K exhibit (apldq126earningsrelease.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-29)Live source ↗

Quote: “Secured $50 million in funding from Macquarie Equipment Capital, Inc. for our approximately $3 billion, 300 MW IT load AI Factory campus near Harwood, North Dakota ("Polaris Forge 2")”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms applied-digital 8-K exhibit (apldq126earningsrelease.htm)

Quote: “Secured $50 million in funding from Macquarie Equipment Capital, Inc. for our approximately $3 billion, 300 MW IT load AI Factory campus near Harwood, North Dakota ("Polaris Forge 2")”

View cached copy (2026-09-29)Live source ↗