~$7B total lease revenue over ~15 years
Company: Applied Digital
The claim, verbatim
Applied Digital anticipates generating approximately $7 billion in total revenue from the CoreWeave leases over the approximately 15-year term.
Source (primary)
applied-digital 8-K exhibit (ex99-2.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-13)Live source ↗
Quote: “Over the approximately 15-year term, Applied Digital anticipates generating approximately $7 billion in total revenue from the leases.”
How we checked this
Checked on October 15, 2026. The cited source supports every part of this claim.
The release says Applied Digital anticipates about $7 billion in total revenue from the leases over the roughly 15-year term.
Confirmed in the source:
- Applied Digital anticipates approximately $7 billion in total revenue from the CoreWeave leases
- The revenue is expected over the approximately 15-year lease term
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1144879/000164117225013199/ex99-2.htm) in full (7,957 characters, retrieved October 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms applied-digital 8-K exhibit (ex99-2.htm)
Quote: “Over the approximately 15-year term, Applied Digital anticipates generating approximately $7 billion in total revenue from the leases.”