Sign ~250 MW of expansion leases by end of 2026
Company: Applied Digital
The claim, verbatim
The company expects to sign about 250 megawatts of expansion leases by the end of calendar 2026, at prices materially higher than earlier leases.
Source (primary)
Could Applied Digital Stock Survive Its Lenders Pulling Back? - Trefis (-, news_article)
View cached copy (2026-10-15)Live source ↗Archive.org ↗
Quote: “The company also expects to sign about 250 megawatts of expansion leases by that same date, at prices it described as materially higher than on its earlier leases.”
How we checked this
Checked on October 16, 2026. The cited source supports every part of this claim.
The article ties the 250 MW leasing expectation to the end of calendar 2026 and reports the company's description of materially higher pricing.
Confirmed in the source:
- Applied Digital expects to sign about 250 megawatts of expansion leases by the end of calendar 2026
- The company described pricing on these leases as materially higher than on its earlier leases
What we did: Read our cached copy of the publisher (https://www.trefis.com/stock/apld/articles/618689/could-applied-digital-stock-survive-its-lenders-pulling-back/2026-10-14) in full (12,396 characters, retrieved October 15, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Could Applied Digital Stock Survive Its Lenders Pulling Back? - Trefis
Quote: “The company also expects to sign about 250 megawatts of expansion leases by that same date, at prices it described as materially higher than on its earlier leases.”