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Applied Digital Corporation (APLD) | AI Infrastructure & Bitcoin Miner Stock
Market
Market Overview
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About
Applied Digital Corporation Company Overview
Applied Digital Corporation (NASDAQ: APLD) is an AI/HPC data center developer headquartered in Dallas, Texas, operating purpose-built campuses in North Dakota for hyperscale AI tenants. APLD signed a $7.5 billion 15-year lease with a U.S. investment-grade hyperscaler for 300 MW at the 430 MW Delta Forge 1 AI campus (lifting total contracted lease revenue above $23 billion), and recently closed a $300 million Goldman Sachs-led senior secured bridge facility for the third Polaris Forge 1 AI data center in Ellendale, ND. The company also completed the separation of its legacy cloud business as ChronoScale (Nasdaq: CHRN) in May 2026, retaining ~97% ownership while sharpening focus on dedicated colocation infrastructure.
Key Executives
Laura Laltrello
Chief Operating Officer
Wesley Cummins
Chairman, CEO, Secretary & Treasurer
Jason Zhang
Co-Founder & President
Mark Chavez
Chief Compliance Officer & General Counsel
Nick Phillips
Executive Vice President of External Affairs
Todd Gale
Chief Development Officer
Erin Gracey Kraxberger
Chief Marketing Officer
Mohammad Saidal L. Mohmand
Chief Financial Officer
News & Filings
Featured Posts
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SEC Filings
| Form Type | Filed | Accepted | Source |
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