Take-or-pay leases with hyperscalers
Company: Applied Digital
The claim, verbatim
Applied Digital relies on take-or-pay leases with investment-grade hyperscalers.
Source (primary)
Applied Digital Plunges 17%, Cipher Digital Sinks 14%, TeraWulf Tumbles 13% as Texas Data Center Fears Deepen - Yahoo Finance (-, news_article)
View cached copy (2026-11-06)Live source ↗Archive.org ↗
Quote: “Applied Digital leans on North Dakota's low-cost power and take-or-pay leases with investment-grade hyperscalers.”
How we checked this
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Additional evidence
confirms Applied Digital Plunges 17%, Cipher Digital Sinks 14%, TeraWulf Tumbles 13% as Texas Data Center Fears Deepen - Yahoo Finance
Quote: “Applied Digital leans on North Dakota's low-cost power and take-or-pay leases with investment-grade hyperscalers.”