Base-term contracted revenue
Company: Applied Digital
The claim, verbatim
Applied Digital has $36.2 billion of base-term contracted revenue supported by take-or-pay arrangements
Source (primary)
Applied Digital and Cipher Just Sank Together. Did Rising Yields Expose AI’s Weakest Business Model? - Yahoo Finance (-, news_article)
View cached copy (2026-09-04)Live source ↗
Quote: “Applied Digital Corporation (NASDAQ:APLD) says it has 1.41 gigawatts of contracted capacity and $36.2 billion of base-term contracted revenue, supported by take-or-pay arrangements”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The article states that Applied Digital says it has $36.2 billion of base-term contracted revenue supported by take-or-pay arrangements. The figure is the company's own.
Confirmed in the source:
- Applied Digital has $36.2 billion of base-term contracted revenue, as reported by the company
- Applied Digital's contracted revenue is supported by take-or-pay arrangements
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/technology/ai/articles/applied-digital-cipher-just-sank-195427638.html) in full (11,075 characters, retrieved September 4, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital and Cipher Just Sank Together. Did Rising Yields Expose AI’s Weakest Business Model? - Yahoo Finance
Quote: “Applied Digital Corporation (NASDAQ:APLD) says it has 1.41 gigawatts of contracted capacity and $36.2 billion of base-term contracted revenue, supported by take-or-pay arrangements”