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$5B hyperscaler customer agreement for 200 MW at Polaris Forge 2

Company: Applied Digital

Subject kind
customer
Statement date
2026-08-20
Promised amount
5000000000.0 USD
Current status
stated

The claim, verbatim

Applied Digital secured a $5 billion long-term lease agreement with a U.S.-based hyperscaler for 200 MW capacity at its Polaris Forge 2 campus in North Dakota

Source (primary)

APLD Stock Analyst Shrugs Off Slump From Nvidia Exit As Purely A ‘Headline Risk’ - Stocktwits (-, news_article)
View cached copy (2026-08-31)Live source ↗

Quote: “said it secured billions in long-term leases, including a $5 billion agreement with a U.S.-based hyperscaler for 200 MW at its Polaris Forge 2 campus in North Dakota”

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 APLD Stock Analyst Shrugs Off Slump From Nvidia Exit As Purely A ‘Headline Risk’ - Stocktwits

Quote: “said it secured billions in long-term leases, including a $5 billion agreement with a U.S.-based hyperscaler for 200 MW at its Polaris Forge 2 campus in North Dakota”

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