Contracted customer revenue from 15-year leasing agreements
Company: Applied Digital
The claim, verbatim
Applied Digital has approximately $36 billion in contracted rent from 15-year customer leasing agreements
Source (primary)
Applied Digital Stock Faces A Big Buildout Before The AI Revenue Arrives - simplywall.st (-, news_article)
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Quote: “The clearest recent data point is the 15 year leasing agreements covering about 1,410 MW of critical IT load and roughly US$36b of contracted rent.”
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Additional evidence
confirms Applied Digital Stock Faces A Big Buildout Before The AI Revenue Arrives - simplywall.st
Quote: “The clearest recent data point is the 15 year leasing agreements covering about 1,410 MW of critical IT load and roughly US$36b of contracted rent.”