Path to 3 GW contracted power by 2031
Company: Applied Digital
The claim, verbatim
Applied Digital management has outlined a path to 3 gigawatts of contracted power by 2031, assuming the company can lease at least 500 megawatts annually
Source (primary)
Applied Digital's 1.4 GW Power Lead Gives It an Edge Over TeraWulf, CoreWeave - finance.biggo.com (-, news_article)
View cached copy (2026-09-01)Live source ↗
Quote: “management has outlined a path to 3 gigawatts of contracted power by 2031, assuming it can lease at least 500 megawatts annually”
How we checked this
Checked on September 15, 2026. The cited source supports every part of this claim.
The article says management outlined a path to 3 gigawatts of contracted power by 2031, assuming it leases at least 500 megawatts a year.
Confirmed in the source:
- Applied Digital management has outlined a path to 3 gigawatts of contracted power by 2031
- That path assumes the company can lease at least 500 megawatts annually
What we did: Read our cached copy of the publisher (https://finance.biggo.com/news/cd3260c3-f58a-4bda-858b-4c8a86b9bffe) in full (7,581 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital's 1.4 GW Power Lead Gives It an Edge Over TeraWulf, CoreWeave - finance.biggo.com
Quote: “management has outlined a path to 3 gigawatts of contracted power by 2031, assuming it can lease at least 500 megawatts annually”