Quarterly base rent collected
Company: Applied Digital
The claim, verbatim
Applied Digital collected $65.8 million of base rent in the quarter ended Aug. 31. Total financing cost was 2.6x that amount.
Source (primary)
CoreWeave Has “a Sentiment Problem.” Its Landlord Applied Digital Has $11 Billion Riding on It - TIKR.com (-, news_article)
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Quote: “financing cost 2.6x the $65.8 million of base rent Applied Digital collected that quarter”
How we checked this
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Additional evidence
confirms CoreWeave Has “a Sentiment Problem.” Its Landlord Applied Digital Has $11 Billion Riding on It - TIKR.com
Quote: “financing cost 2.6x the $65.8 million of base rent Applied Digital collected that quarter”