Funding needed for remaining 800 MW of 1.4 GW plan
Company: Applied Digital
The claim, verbatim
CEO Wes Cummins said Applied Digital has financed about 600 MW of its 1.4 GW plan and needs to fund roughly 800 MW more over the next 12 months.
Source (primary)
Applied Digital Sinks 18% in a Week to a 52-Week Low: “A Highly Technical Real Estate Business” - TIKR.com (-, news_article)
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Quote: “Applied Digital has financed about 600 MW of its 1.4 GW plan and needs funding for roughly 800 MW more over the next 12 months”
How we checked this
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Additional evidence
confirms Applied Digital Sinks 18% in a Week to a 52-Week Low: “A Highly Technical Real Estate Business” - TIKR.com
Quote: “Applied Digital has financed about 600 MW of its 1.4 GW plan and needs funding for roughly 800 MW more over the next 12 months”