$450M convertible notes
Company: Applied Digital
The claim, verbatim
Issued $450 million in convertible notes at a 2.75% interest rate (2024).
Source (primary)
Investor Presentation (IR page (ir.applieddigital.com), ir_presentation)
View cached copy (2026-10-03)Live source ↗Archive.org ↗
Quote: “Issued $450m in convertible notes at a 2.75% interest rate”
How we checked this
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Additional evidence
confirms Investor Presentation
Quote: “Issued $450m in convertible notes at a 2.75% interest rate”