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$36B contracted lease revenue

Company: Applied Digital

Subject kind
customer
Statement date
2026-11-01
Promised amount
36000000000.0 USD
Current status
stated

The claim, verbatim

As of Aug. 31, Applied Digital had secured approximately $36 billion in contracted revenue, with CoreWeave and two major hyperscalers as counterparties.

Source (primary)

Applied Digital (NASDAQ: APLD) Has $36 Billion In Leases But A Brutal Capital Stack Keeps Bulls At Bay - Foreign Policy Journal (-, news_article)
View cached copy (2026-11-02)Live source ↗Archive.org ↗

Quote: “as of Aug. 31, Applied Digital had secured approximately $36 billion in contracted revenue across 1.41 gigawatts of capacity spanning five campuses, with CoreWeave (CRWV) and two major hyperscalers as counterparties”

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 Applied Digital (NASDAQ: APLD) Has $36 Billion In Leases But A Brutal Capital Stack Keeps Bulls At Bay - Foreign Policy Journal

Quote: “as of Aug. 31, Applied Digital had secured approximately $36 billion in contracted revenue across 1.41 gigawatts of capacity spanning five campuses, with CoreWeave (CRWV) and two major hyperscalers as counterparties”

View cached copy (2026-11-02)Live source ↗Archive.org ↗