Movement Alert｜Applied Digital Rises 5.85% in Regular Trading, $5.2 Billion Hyperscale Lease Agreement and Financing Initiatives Continue to Boost Sentiment

Market Focus06-15

On June 15, Applied Digital rose 5.85% in regular trading, trading at $45.87/share, with turnover of $204 million.

On the news front, multiple financing and contract catalysts continue to drive the stock higher. The company recently signed a 15-year lease agreement with a U.S.-based investment-grade hyperscale cloud provider covering 210 megawatts of compute capacity at its new AI Factory campus, Delta Forge 2. The take-or-pay commitment is expected to generate approximately $5.2 billion in base revenue, potentially reaching $12.7 billion if all renewal options are exercised over 30 years. This deal expands the company's AI Factory franchise model to a fifth campus, bringing total contracted portfolio value to approximately $36 billion.

Additionally, the company secured a $550 million revolving credit facility to support strategic growth plans, and announced plans to issue $1.59 billion in senior secured notes to fund further data center expansion at its Polaris Forge 1 facility in North Dakota. The convergence of large-scale orders and robust financing arrangements has reinforced market confidence in Applied Digital's AI data center expansion trajectory.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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