jain.com

CoreWeave Polaris Forge 1 lease rate

Company: CoreWeave

Subject kind
customer
Statement date
2026-11-11
Promised amount
1830000.0 USD/MW/year
Current status
stated

The claim, verbatim

CoreWeave pays roughly $1.83 million per megawatt annually for its Polaris Forge 1 leases, about 10% above the rate investment-grade hyperscalers pay Applied Digital.

Source (primary)

Applied Digital (NASDAQ: APLD) Carries $11 Billion In CoreWeave (NASDAQ: CRWV) Exposure As Tenant's Bonds Signal Deep Distress - Foreign Policy Journal (-, news_article)
View cached copy (2026-11-12)Live source ↗

Quote: “CoreWeave actually pays a premium rate for the arrangement, at roughly $1.83 million per megawatt annually”

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 (NASDAQ: APLD) Carries $11 Billion In CoreWeave (NASDAQ: CRWV) Exposure As Tenant's Bonds Signal Deep Distress - Foreign Policy Journal

Quote: “CoreWeave actually pays a premium rate for the arrangement, at roughly $1.83 million per megawatt annually”

View cached copy (2026-11-12)Live source ↗