Annual lease revenue upon full campus delivery
Company: Applied Digital
The claim, verbatim
Approximately $2.3 billion in annual lease revenue expected upon completion and delivery of all five data centers
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”