Signed leases backlog ~1.41 GW / ~$36B
Company: Applied Digital
The claim, verbatim
As of Aug. 31, Applied Digital had leases for about 1.41 GW across five campuses, worth about $36 billion over their initial terms, with CoreWeave and two hyperscalers.
Source (primary)
B. Riley Cut Its Applied Digital Target to $51. It Still Sees 185% Upside - TIKR.com (-, news_article)
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Quote: “as of Aug. 31, Applied Digital had leases for about 1.41 GW across five campuses, worth about $36 billion over their initial terms”
How we checked this
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Additional evidence
confirms B. Riley Cut Its Applied Digital Target to $51. It Still Sees 185% Upside - TIKR.com
Quote: “as of Aug. 31, Applied Digital had leases for about 1.41 GW across five campuses, worth about $36 billion over their initial terms”