Building 4 Lease contract value
Company: Applied Digital - Project: Polaris Forge 1
The claim, verbatim
The total contract value for the Building 4 Lease over an approximately 15-year term is expected to be approximately $4.0 billion
Source (primary)
Applied Digital 8-K filed 2025-08-29 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The total contract value for the initial approximately fifteen (15)-year term of the Building 4 Lease is expected to be approximately $4.0 billion”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The filing states that the total contract value for the initial term of approximately fifteen years is expected to be approximately $4.0 billion.
Confirmed in the source:
- The Building 4 Lease has an initial term of approximately 15 years
- The expected total contract value for that term is approximately $4.0 billion
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000149315225012458/form8-k.htm) in full (9,993 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital 8-K filed 2025-08-29
Quote: “The total contract value for the initial approximately fifteen (15)-year term of the Building 4 Lease is expected to be approximately $4.0 billion”