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Polaris Forge 1 lease agreements

Company: Applied Digital - Project: Polaris Forge 1

Subject kind
partnership
Statement date
2025-07-29
Promised amount
250.0 MW
Current status
stated

The claim, verbatim

On May 28, 2025, entered into two lease agreements for first two Polaris Forge 1 buildings totaling 250 MW capacity

Source (primary)

Applied Digital 10-K filed 2025-07-30 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “On May 28, 2025, the Company entered into two lease agreements for the first two buildings, totaling 250 MWs.”

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/1144879/000114487925000021/apld-20250531.htm) in full (513,758 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital 10-K filed 2025-07-30

Quote: “On May 28, 2025, the Company entered into two lease agreements for the first two buildings, totaling 250 MWs.”

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