Applied Digital Polaris Forge 1 Lease Revenue
Company: CoreWeave - Project: Polaris Forge 1
The claim, verbatim
CoreWeave's 400 MW contract at Applied Digital's Polaris Forge 1 represents approximately $11 billion of prospective lease revenue over the lease terms
Source (primary)
AI Data Center Stocks Rally: Why CRWV, NBIS, IREN and APLD Are Surging Together - MEXC (-, news_article)
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Quote: “CoreWeave has contracted 400 MW at the campus, representing approximately $11 billion of prospective lease revenue over the lease terms”
How we checked this
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Additional evidence
confirms AI Data Center Stocks Rally: Why CRWV, NBIS, IREN and APLD Are Surging Together - MEXC
Quote: “CoreWeave has contracted 400 MW at the campus, representing approximately $11 billion of prospective lease revenue over the lease terms”