Debt vs. cash position
Company: Applied Digital
The claim, verbatim
Applied Digital carries $6.4 billion of debt against $3.7 billion of cash and restricted cash.
Source (primary)
Applied Digital Rallies 8% as CoreWeave's Results Revive the AI Data Center Trade; Cipher Digital Jumps 10%, IREN Surges 9% - 24/7 Wall St. (-, news_article)
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Quote: “Applied Digital carries $6.4 billion of debt against $3.7 billion of cash and restricted cash”
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 Rallies 8% as CoreWeave's Results Revive the AI Data Center Trade; Cipher Digital Jumps 10%, IREN Surges 9% - 24/7 Wall St.
Quote: “Applied Digital carries $6.4 billion of debt against $3.7 billion of cash and restricted cash”