~250 MW expansion leases by year-end
Company: Applied Digital
The claim, verbatim
Management expects about 250 megawatts of expansion leases by year-end, at pricing materially higher than prior leases.
Source (primary)
Applied Digital Stock Gains as Fiscal Q1 Revenue Leaps 300% - TIKR.com (-, news_article)
View cached copy (2026-10-10)Live source ↗Archive.org ↗
Quote: “Management also expects about 250 megawatts of expansion leases by year-end.”
How we checked this
Checked on October 14, 2026. The cited source supports every part of this claim.
The article reports both the roughly 250 MW expansion-lease expectation and management's view that pricing should be materially higher.
Confirmed in the source:
- Management expects about 250 MW of expansion leases by year-end
- Management says pricing on these leases should be materially higher than prior leases
What we did: Read our cached copy of the publisher (https://www.tikr.com/blog/applied-digital-stock-q1-revenue-jumps-322-percent) in full (7,061 characters, retrieved October 10, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital Stock Gains as Fiscal Q1 Revenue Leaps 300% - TIKR.com
Quote: “Management also expects about 250 megawatts of expansion leases by year-end.”
confirms Applied Digital Has Fallen Hard Over 1 Year: One Lead Analyst Says It’s Going to Nearly Triple in Price - Yahoo Finance
Quote: “It also expects about 250 megawatts of expansion rents by calendar year end at what it called "definitely north of 15% plus increases on the lease rate."”
confirms Applied Digital Has Fallen Hard Over 1 Year: One Lead Analyst Says It's Going to Nearly Triple in Price - 24/7 Wall St.
Quote: “It also expects about 250 megawatts of expansion rents by calendar year end at what it called “definitely north of 15% plus increases on the lease rate.””