Interest expense exceeded base rent in the August quarter
Company: Applied Digital
The claim, verbatim
SEC filings show Applied Digital's interest expense exceeded the base rent it collected in the quarter ended August 31.
Source (primary)
Applied Digital Plunges 17%, Cipher Digital Sinks 14%, TeraWulf Tumbles 13% as Texas Data Center Fears Deepen - 24/7 Wall St. (-, news_article)
View cached copy (2026-11-06)Live source ↗Archive.org ↗
Quote: “SEC filings show interest expense exceeded the base rent collected in the quarter ended August 31.”
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 Plunges 17%, Cipher Digital Sinks 14%, TeraWulf Tumbles 13% as Texas Data Center Fears Deepen - 24/7 Wall St.
Quote: “SEC filings show interest expense exceeded the base rent collected in the quarter ended August 31.”