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Polaris Forge 3 lease agreement

Company: Applied Digital - Project: Polaris Forge 3

Subject kind
facility timeline
Statement date
2026-08-20
Current status
stated

The claim, verbatim

Polaris Forge 3 operates under a 15-year, take or pay lease agreement

Source (primary)

Applied Digital (APLD) Is Down 6.4% After Tiger Global Backs US$36 Billion AI Lease Push - simplywall.st (-, news_article)
View cached copy (2026-08-31)Live source ↗

Quote: “Delta Forge 2 and Polaris Forge 3 leases. These 15 year, take or pay agreements”

How we checked this

Attempted on September 14, 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 the publisher (https://simplywall.st/stocks/us/software/nasdaq-apld/applied-digital/news/applied-digital-apld-is-down-64-after-tiger-global-backs-us3) in full (12,341 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital (APLD) Is Down 6.4% After Tiger Global Backs US$36 Billion AI Lease Push - simplywall.st

Quote: “Delta Forge 2 and Polaris Forge 3 leases. These 15 year, take or pay agreements”

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