$6.4B debt vs $3.7B cash at Aug 31
Company: Applied Digital
The claim, verbatim
Applied Digital carried $6.4 billion of debt against $3.7 billion of cash and restricted cash at August 31.
Source (primary)
Soluna and Applied Digital to build 50 MW wind-powered AI data center in Texas - Yahoo Finance (-, news_article)
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Quote: “Applied carried $6.4 billion of debt against $3.7 billion of cash and restricted cash at August 31”
How we checked this
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Additional evidence
confirms Soluna and Applied Digital to build 50 MW wind-powered AI data center in Texas - Yahoo Finance
Quote: “Applied carried $6.4 billion of debt against $3.7 billion of cash and restricted cash at August 31”