Lease backlog expected revenue of $36.2B over 15 years
Company: Applied Digital
The claim, verbatim
The AI/HPC lease backlog is expected to generate about $36.2 billion over 15 years.
Source (primary)
Applied Digital insiders buy roughly $7M in shares as stock slides more than 30% - Crypto Briefing (-, news_article)
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Quote: “Those leases are expected to generate about $36.2 billion over 15 years.”
How we checked this
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Additional evidence
confirms Applied Digital insiders buy roughly $7M in shares as stock slides more than 30% - Crypto Briefing
Quote: “Those leases are expected to generate about $36.2 billion over 15 years.”