Applied Digital retains 85% ownership in HPC business segment
Company: Applied Digital
The claim, verbatim
Macquarie Asset Management's investment provides MAM with a perpetual preferred and 15% common equity interest in Applied Digital's HPC business segment, while Applied Digital retains an 85% ownership stake
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “MAM's investment will take the form of a perpetual preferred and 15% common equity interest of Applied Digital's HPC business segment, providing Applied Digital an 85% ownership stake in both existing and future HPC assets”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The release states MAM receives a perpetual preferred and 15% common equity interest, leaving Applied Digital with 85% ownership of its HPC assets.
Confirmed in the source:
- MAM's investment takes the form of a perpetual preferred and 15% common equity interest in Applied Digital's HPC business segment
- Applied Digital retains an 85% ownership stake in existing and future HPC assets
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/news-events/press-releases/detail/118/applied-digital-reports-fiscal-second-quarter-2025-results/) in full (35,851 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Earnings Release
Quote: “MAM's investment will take the form of a perpetual preferred and 15% common equity interest of Applied Digital's HPC business segment, providing Applied Digital an 85% ownership stake in both existing and future HPC assets”