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Building 3 lease contract value

Company: Applied Digital - Project: Ellendale

Subject kind
financing
Statement date
2025-06-01
Promised amount
4000000000.0 USD
Current status
stated

The claim, verbatim

Building 3 Datacenter Lease total contract value for 15-year term is approximately $4 billion

Source (primary)

Applied Digital 8-K filed 2025-06-02 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “for the Building 3 Datacenter Lease is expected to be approximately $4 billion”

How we checked this

Attempted on September 17, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000164117225013199/form8-k.htm) in full (15,985 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital 8-K filed 2025-06-02

Quote: “for the Building 3 Datacenter Lease is expected to be approximately $4 billion”

View cached copy (2026-08-31)Live source ↗