$1.59B 7% notes for final Polaris Forge 1 building
Company: Applied Digital - Project: Polaris Forge 1
The claim, verbatim
For the final building at Polaris Forge 1, the company sold $1.59 billion of notes in June paying 7% interest.
Source (primary)
How Much Downside Is Left In Applied Digital Stock? - Trefis (-, news_article)
View cached copy (2026-11-10)Live source ↗Archive.org ↗
Quote: “For the final building at Polaris Forge 1, the company sold $1.59 billion of notes in June that pay 7% interest”
How we checked this
Checked on November 11, 2026. The cited source supports every part of this claim.
The article states the amount, month, interest rate, and purpose of the notes as claimed.
Confirmed in the source:
- Applied Digital sold $1.59 billion of notes in June.
- The notes pay 7% interest.
- The notes were for the final building at Polaris Forge 1.
What we did: Read our cached copy of the publisher (https://www.trefis.com/stock/apld/articles/623945/how-much-downside-is-left-in-applied-digital-stock/2026-11-10) in full (11,810 characters, retrieved November 10, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms How Much Downside Is Left In Applied Digital Stock? - Trefis
Quote: “For the final building at Polaris Forge 1, the company sold $1.59 billion of notes in June that pay 7% interest”