Debt load of about $6.4B
Company: Applied Digital
The claim, verbatim
Applied Digital carries a debt load of about US$6.4 billion supporting its buildout.
Source (primary)
Is Applied Digital (APLD) Undervalued On Its Soluna Data Center Deal? - Simply Wall Street (-, news_article)
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Quote: “a planned buildout that leans heavily on about US$6.4b of debt and more project financing”
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Additional evidence
confirms Is Applied Digital (APLD) Undervalued On Its Soluna Data Center Deal? - Simply Wall Street
Quote: “a planned buildout that leans heavily on about US$6.4b of debt and more project financing”