$5B hyperscaler customer agreement for 200 MW at Polaris Forge 2
Company: Applied Digital - Project: Polaris Forge 2
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
Checked on September 19, 2026. The cited source supports every part of this claim.
The document states Applied Digital secured a $5 billion agreement with a U.S.-based hyperscaler for 200 MW at its Polaris Forge 2 campus in North Dakota, matching every assertion.
Confirmed in the source:
- Applied Digital secured a $5 billion long-term lease agreement
- the agreement is with a U.S.-based hyperscaler
- the agreement covers 200 MW capacity
- the capacity is at the Polaris Forge 2 campus in North Dakota
What we did: Read our cached copy of the publisher (https://stocktwits.com/news-articles/markets/equity/apld-stock-analyst-shrugs-off-slump-from-nvidia-exit-as-purely-a-headline-risk/cZR0l49R4Hn) in full (4,658 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
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”