Financing for remaining 800 MW within 12 months
Company: Applied Digital
The claim, verbatim
CEO Wes Cummins said Applied Digital still needs to secure financing for about 800 MW of data center capacity over the next 12 months, having financed about 600 MW of its 1.4 GW planned capacity so far.
Source (primary)
APLD Stock Hits Over 1-Year Low: CEO Says It’s Not a Neocloud, But 800 MW Capacity Still Needs Financing - TradingView (-, news_article)
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Quote: “Applied Digital still needs to secure financing for about 800 megawatts of data center capacity over the next 12 months”
How we checked this
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Additional evidence
confirms APLD Stock Hits Over 1-Year Low: CEO Says It’s Not a Neocloud, But 800 MW Capacity Still Needs Financing - TradingView
Quote: “Applied Digital still needs to secure financing for about 800 megawatts of data center capacity over the next 12 months”