jain.com

Contracted power capacity target by 2031

Company: Applied Digital

Subject kind
guidance
Statement date
2026-08-23
Promised by
2031-12-31
Promised amount
3.0 GW
Current status
stated

The claim, verbatim

Applied Digital has outlined a path to 3 gigawatts of contracted power by 2031, assuming it can lease at least 500 megawatts per year

Source (primary)

Applied Digital vs. TeraWulf: Which AI Data Center Stock Is the Better Buy? - Yahoo Finance (-, news_article)
View cached copy (2026-08-31)Live source ↗Archive.org ↗

Quote: “Applied Digital has outlined a path to 3 gigawatts of contracted power by 2031, assuming it can lease at least 500 megawatts per year.”

How we checked this

Checked on October 10, 2026. The cited source supports every part of this claim.

The article states both the 3-gigawatt-by-2031 path and its assumption of leasing at least 500 megawatts per year.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/applied-digital-vs-terawulf-ai-134000419.html) in full (11,634 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital vs. TeraWulf: Which AI Data Center Stock Is the Better Buy? - Yahoo Finance

Quote: “Applied Digital has outlined a path to 3 gigawatts of contracted power by 2031, assuming it can lease at least 500 megawatts per year.”

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

confirms Applied Digital vs. TeraWulf: Which AI Data Center Stock Is the Better Buy? - The Motley Fool

Quote: “Applied Digital has outlined a path to 3 gigawatts of contracted power by 2031, assuming it can lease at least 500 megawatts per year.”

View cached copy (2026-09-01)Live source ↗