Contracted lease revenue
Company: Applied Digital
The claim, verbatim
Signed leases covering 1,410 MW of capacity with $36 billion in total rent over 15-year terms
Source (primary)
Applied Digital Won't Collect Most of Its Rent Until 2029. I'd Wait to Buy the Stock. - The Motley Fool (-, news_article)
View cached copy (2026-09-08)Live source ↗Archive.org ↗
Quote: “The artificial intelligence (AI) data center builder has signed leases covering about 1,410 megawatts (MW) of critical IT load (the power available to tenants' computing equipment) across five campuses. Those contracts add up to about $36 billion over their initial 15-year base terms.”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document states the 1,410 MW figure, five campuses, $36 billion total, and 15-year base terms.
Confirmed in the source:
- Applied Digital signed leases covering about 1,410 MW of critical IT load across five campuses
- The contracts add up to about $36 billion over their initial 15-year base terms
What we did: Read our cached copy of the publisher (https://www.fool.com/investing/2026/09/07/applied-digital-won-t-collect-most-of-its-rent-until-2029-i-d-wait-to-buy-the-stock/) in full (11,518 characters, retrieved September 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital Won't Collect Most of Its Rent Until 2029. I'd Wait to Buy the Stock. - The Motley Fool
Quote: “The artificial intelligence (AI) data center builder has signed leases covering about 1,410 megawatts (MW) of critical IT load (the power available to tenants' computing equipment) across five campuses. Those contracts add up to about $36 billion over their initial 15-year base terms.”