Total contracted lease revenue
Company: Applied Digital
The claim, verbatim
1.4 gigawatts of contracted critical IT load translates to approximately $36 billion in total contracted lease revenue
Source (primary)
Applied Digital (NASDAQ: APLD) Edges Out TeraWulf (NASDAQ: WULF) As The Stronger AI Data Center Buy - foreignpolicyjournal.com (-, news_article)
View cached copy (2026-09-01)Live source ↗
Quote: “translating to approximately $36 billion in total contracted lease revenue”
How we checked this
Checked on September 15, 2026. The cited source supports every part of this claim.
The article ties the 1.4 gigawatts to approximately $36 billion in total contracted lease revenue.
Confirmed in the source:
- Applied Digital's 1.4 gigawatts of contracted critical IT load translates to approximately $36 billion in total contracted lease revenue
What we did: Read our cached copy of the publisher (https://www.foreignpolicyjournal.com/2026/08/25/applied-digital-nasdaq-apld-edges-out-terawulf-nasdaq-wulf-as-the-stronger-ai-data-center-buy/) in full (3,445 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital (NASDAQ: APLD) Edges Out TeraWulf (NASDAQ: WULF) As The Stronger AI Data Center Buy - foreignpolicyjournal.com
Quote: “translating to approximately $36 billion in total contracted lease revenue”