jain.com

Cash and restricted cash of ~$3.6B

Company: Applied Digital

Subject kind
financing
Statement date
2026-10-08
Promised amount
3600000000.0 USD
Current status
stated

The claim, verbatim

Cash and restricted cash total roughly US$3.6 billion.

Source (primary)

Applied Digital (APLD) Stock Revenue Surge Clashes With Deepening Losses - Simply Wall Street (-, news_article)
View cached copy (2026-10-15)Live source ↗Archive.org ↗

Quote: “cash and restricted cash of roughly US$3.6b”

How we checked this

Checked on October 16, 2026. The cited source supports every part of this claim.

The article states cash and restricted cash of roughly US$3.6b partially offset the leverage pressure.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://simplywall.st/stocks/us/software/nasdaq-apld/applied-digital/news/applied-digital-apld-stock-revenue-surge-clashes-with-deepen) in full (14,647 characters, retrieved October 15, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital (APLD) Stock Revenue Surge Clashes With Deepening Losses - Simply Wall Street

Quote: “cash and restricted cash of roughly US$3.6b”

View cached copy (2026-10-15)Live source ↗Archive.org ↗