~250 MW of expansion leases by year end at higher rates
Company: Applied Digital
The claim, verbatim
Applied Digital expects to sign about 250 megawatts of expansion leases by the end of calendar 2026, at lease-rate increases of more than 15%.
Source (primary)
Applied Digital Has Fallen Hard Over 1 Year: One Lead Analyst Says It’s Going to Nearly Triple in Price - Yahoo Finance (-, news_article)
View cached copy (2026-10-10)Live source ↗Archive.org ↗
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."”
How we checked this
Checked on October 14, 2026. The cited source supports every part of this claim.
The October 2026 article reports management expects about 250 MW of expansion rents by calendar year end at lease-rate increases 'definitely north of 15%'.
Confirmed in the source:
- Applied Digital expects about 250 megawatts of expansion leases by calendar year end (the article is dated October 2026, so this is end of 2026)
- Management said lease-rate increases on the expansion would be more than 15%
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/applied-digital-fallen-hard-over-164510220.html) in full (13,634 characters, retrieved October 10, 2026) and checked each assertion in the claim against it.
Additional evidence
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."”