Contracted backlog ~$86B on 1.41 GW leased
Company: Applied Digital
The claim, verbatim
Management says the contracted backlog reaches roughly $86B if all renewal options are exercised, backed by about 1.41 GW of leased critical IT load.
Source (primary)
Analyst Sees 393% Upside In Applied Digital (NASDAQ: APLD) Even As The Stock Collapses Toward Its 52-Week Low - Foreign Policy Journal (-, news_article)
View cached copy (2026-10-27)Live source ↗Archive.org ↗
Quote: “a contracted backlog that management says reaches roughly $86B if all renewal options are exercised, backed by about 1.41 GW of leased critical IT load”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms Analyst Sees 393% Upside In Applied Digital (NASDAQ: APLD) Even As The Stock Collapses Toward Its 52-Week Low - Foreign Policy Journal
Quote: “a contracted backlog that management says reaches roughly $86B if all renewal options are exercised, backed by about 1.41 GW of leased critical IT load”