Leased critical IT load and contracted revenue
Company: Applied Digital
The claim, verbatim
As of August 31, Applied Digital had 1.41 GW of leased critical IT load across five campuses, representing about $36 billion of contracted revenue over initial base terms.
Source (primary)
Applied Digital Jumps 10% as Data Center Stocks Rebound; Riot Climbs 7%, Core Scientific Gains 4% - 24/7 Wall St. (-, news_article)
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Quote: “As of August 31, the company had 1.41 GW (gigawatts) of leased critical IT load across five campuses, representing about $36 billion of contracted revenue over initial base terms.”
How we checked this
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Additional evidence
confirms Applied Digital Jumps 10% as Data Center Stocks Rebound; Riot Climbs 7%, Core Scientific Gains 4% - 24/7 Wall St.
Quote: “As of August 31, the company had 1.41 GW (gigawatts) of leased critical IT load across five campuses, representing about $36 billion of contracted revenue over initial base terms.”