Polaris Forge 2 100 MW expansion lease
Company: Applied Digital - Project: Polaris Forge 2
The claim, verbatim
Management expects a 100 MW expansion lease at Polaris Forge 2 to be signed by year-end.
Source (primary)
Needham cuts Applied Digital price target to $70 on regulatory and financing risk - Yahoo Finance (-, news_article)
View cached copy (2026-10-09)Live source ↗Archive.org ↗
Quote: “100 MW at Polaris Forge 2”
How we checked this
Checked on October 14, 2026. The cited source supports every part of this claim.
The article breaks the 250 MW of projected year-end expansion leases into 100 MW at Polaris Forge 2 and 150 MW at Delta Forge 1.
Confirmed in the source:
- 100 MW of the projected expansion leases is at Polaris Forge 2
- Management expects that lease to be signed by year-end
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/needham-cuts-applied-digital-price-141452666.html) in full (8,735 characters, retrieved October 9, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Needham cuts Applied Digital price target to $70 on regulatory and financing risk - Yahoo Finance
Quote: “100 MW at Polaris Forge 2”