jain.com

Total debt $6.4B as of Aug 31

Company: Applied Digital

Subject kind
financing
Statement date
2026-10-08
Promised amount
6400000000.0 USD
Current status
stated

The claim, verbatim

Applied Digital had $6.4 billion of debt as of Aug. 31.

Source (primary)

Applied Digital Has Lost 52% Since May: Needham Sees 194% Upside - TIKR.com (-, news_article)
View cached copy (2026-10-09)Live source ↗Archive.org ↗

Quote: “$6.4 billion by Aug. 31”

How we checked this

Checked on October 14, 2026. The cited source supports every part of this claim.

The article says Applied Digital's debt was $6.4 billion by Aug. 31, and its key takeaways also cite $6.4 billion of debt.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://www.tikr.com/blog/applied-digital-has-lost-52-since-may-needham-sees-194-upside) in full (7,290 characters, retrieved October 9, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital Has Lost 52% Since May: Needham Sees 194% Upside - TIKR.com

Quote: “$6.4 billion by Aug. 31”

View cached copy (2026-10-09)Live source ↗Archive.org ↗

confirms Wells Fargo raises Applied Digital target to $55 on expansion lease outlook - Yahoo Finance

Quote: “Applied Digital reported $6.4 billion of debt as of August 31.”

View cached copy (2026-10-10)Live source ↗Archive.org ↗