$36B contracted lease revenue
Company: Applied Digital
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)
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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
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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”
