Steady-state annual lease revenue
Company: Applied Digital
The claim, verbatim
Once fully delivered, leases call for about $2.3 billion of rent per year
Source (primary)
Applied Digital Won't Collect Most of Its Rent Until 2029. I'd Wait to Buy the Stock. - The Globe and Mail (-, news_article)
View cached copy (2026-09-08)Live source ↗Archive.org ↗
Quote: “Once every campus is delivered, the leases call for about $2.3 billion of rent per year”
How we checked this
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Additional evidence
confirms Applied Digital Won't Collect Most of Its Rent Until 2029. I'd Wait to Buy the Stock. - The Globe and Mail
Quote: “Once every campus is delivered, the leases call for about $2.3 billion of rent per year”