$15M credit facility with North Dakota bank
Company: Applied Digital
The claim, verbatim
Applied Digital secured a $15.0 million credit facility with a North Dakota-based bank with 1.5% interest for the first 13 months to repay existing debt and fund datacenter buildout
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “Secured a $15.0 million credit facility with a North Dakota-based bank with 1.5% interest for the first 13 months to repay existing debt and fund datacenter buildout.”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms Earnings Release
Quote: “Secured a $15.0 million credit facility with a North Dakota-based bank with 1.5% interest for the first 13 months to repay existing debt and fund datacenter buildout.”