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$2.15 billion senior secured notes for Polaris Forge 2

Company: Applied Digital - Project: Polaris Forge 2

Subject kind
financing
Statement date
2026-08-22
Promised amount
2150.0 USD
Current status
stated

The claim, verbatim

Applied Digital obtained $2.15 billion in senior secured notes for Polaris Forge 2.

Source (primary)

Applied Digital Continues Heavy Capital Spending: What's Ahead? - Eastern Progress (-, news_article)
View cached copy (2026-08-31)Live source ↗Archive.org ↗

Quote: “a $2.15 billion senior secured notes offering for Polaris Forge 2”

How we checked this

Checked on September 18, 2026. The cited source supports every part of this claim.

The article lists a $2.15 billion senior secured notes offering for Polaris Forge 2 among the company's financings.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://www.easternprogress.com/applied-digital-continues-heavy-capital-spending-whats-ahead/article_70aab17f-f5d4-5a86-99fa-378907193304.html) in full (9,732 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital Continues Heavy Capital Spending: What's Ahead? - Eastern Progress

Quote: “a $2.15 billion senior secured notes offering for Polaris Forge 2”

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