Debt outstanding as of Aug. 31, 2026
Company: Applied Digital
The claim, verbatim
As of Aug. 31, 2026, Applied Digital carried $6.4 billion of debt against $3.7 billion of cash, cash equivalents and restricted cash.
Source (primary)
Applied Digital Soars 10%, IREN Up 5%, CoreWeave Up 2% as AI Infrastructure Selloff Reverses - Yahoo Finance (-, news_article)
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Quote: “As of Aug. 31, Applied Digital carried $6.4 billion of debt against $3.7 billion of cash, cash equivalents and restricted cash”
How we checked this
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Additional evidence
confirms Applied Digital Soars 10%, IREN Up 5%, CoreWeave Up 2% as AI Infrastructure Selloff Reverses - Yahoo Finance
Quote: “As of Aug. 31, Applied Digital carried $6.4 billion of debt against $3.7 billion of cash, cash equivalents and restricted cash”