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Polaris Forge 2 capacity funding

Company: Applied Digital

Subject kind
facility capacity
Statement date
2026-08-22
Promised amount
200.0 MW
Current status
stated

The claim, verbatim

Applied Digital is funding 200 MW of capacity at Polaris Forge 2.

Source (primary)

B. Riley Maintains $75 Price Target On Applied Digital (NASDAQ: APLD) After Polaris Forge 2 Site Visit - foreignpolicyjournal.com (-, news_article)
View cached copy (2026-08-31)Live source ↗Archive.org ↗

Quote: “Applied Digital pricing $2.15 billion of senior secured notes to fund 200 MW at Polaris Forge 2”

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 B. Riley Maintains $75 Price Target On Applied Digital (NASDAQ: APLD) After Polaris Forge 2 Site Visit - foreignpolicyjournal.com

Quote: “Applied Digital pricing $2.15 billion of senior secured notes to fund 200 MW at Polaris Forge 2”

View cached copy (2026-08-31)Live source ↗Archive.org ↗